Economic Sentiment for Germany Falls in August

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By Trey Thoelcke Published
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The Centre for European Economic Research (ZEW) Indicator of Economic Sentiment for Germany slipped 5.9 points in August 2012 to a level of -25.5 points. While this is the lowest value of the indicator so far in 2012, it is well above the negative balance it reached during the financial crisis. In 2008 economic expectations temporarily fell below the minus 60 points-mark.

The decline in August indicates that financial market experts still expect the German economy to cool down throughout the next six months.

The assessment of the current economic situation for Germany declined slightly compared to the previous month. The respective indicator dropped by 2.9 points in August to 18.2 points.

Economic expectations for the eurozone hardly changed in August. The corresponding indicator grew by 1.1 points to -21.2 points. And the indicator for the current economic situation in the eurozone retreated 2.2 points to -75.1 points.

ZEW is one of Germany’s leading economic research institutes. It provides regular interviews on the situation on the financial markets and the economic situation of the information industry as well as the large-scale annual study on innovation activities in the German economy.

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About the Author Trey Thoelcke →

Trey has been an editor and author at 24/7 Wall St. for more than a decade, where he has published thousands of articles analyzing corporate earnings, dividend stocks, short interest, insider buying, private equity, and market trends. His comprehensive coverage spans the full spectrum of financial markets, from blue-chip stalwarts to emerging growth companies.

Beyond 24/7 Wall St., Trey has created and edited financial content for Benzinga and AOL's BloggingStocks, contributing additional hundreds of articles to the investment community. He previously oversaw the 24/7 Climate Insights site, managing editorial operations and content strategy, and currently oversees and creates content for My Investing News.

Trey's editorial expertise extends across multiple publishing environments. He served as production editor at Dearborn Financial Publishing and development editor at Kaplan, where he helped shape financial education materials. Earlier in his career, he worked as a writer-producer at SVE. His freelance editing portfolio includes work for prestigious clients such as Sage Publications, Rand McNally, the Institute for Supply Management, the American Library Association, Eggplant Literary Productions, and Spiegel.

Outside of financial journalism, Trey writes fiction and has been an active member of the writing community for years, overseeing a long-running critique group and moderating workshop sessions at regional conventions. He lives with his family in an old house in the Midwest.

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