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German ZEW had largest fall on record, expect a stagflation in the coming months

Started by PocketOption, Mar 15, 2022, 07:55 pm

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PocketOption

German ZEW had largest fall on record, expect a stagflation in the coming months

German ZEW Economic Sentiment tumbled sharply from 54.3 to -39.3 in March, well below expectation of 10.3. That -93.6 pts decline was the largest on record, since the survey began in December 1991. That’s even worse than the -58.2 pts fall at the beginning of the pandemic. Current Situation Index dropped from -8.1 to -21.4, […]


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