ZEW: The economic outlook for the German economy has dimmed noticeably

Assessment of the economic situation in Germany has worsened in the current survey

Compared to the previous month, the outlook for the economic development in the next six months has noticeably deteriorated

Further decline of the ZEW indicator of economic sentiment is mainly due to the persisting supply bottlenecks for raw materials and intermediate products

Financial market experts expect profits to go down, especially in export-oriented sectors such as vehicle manufacturing and chemicals/pharmaceuticals

49.1 per cent of the experts still expect the inflation rate to rise further in the next six months

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