10/12/2021, 11:00 AM (Source: TeleTrader)
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ZEW: Eurozone economic sentiment falls in October

Euro-area economic sentiment declined further in October, the Centre for European Economic Research (ZEW) reported on Tuesday.

The index measuring expectations of economic development in the EA19 was at 21.0, down 10.1 points month-on-month, while the current situation index slid 6.6 points to 15.9.

Meanwhile, in Germany, both the sentiment and the expectations indexes dropped to 22.3, while the current situation estimates index lost over 10 points to land at 21.6.

Baha Breaking the News (BBN) / MD