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German ZEW Confidence Index Slides in June

by The "State" Team

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Europe Update: German ZEW Confidence Index

The German ZEW Current Conditions index fell to a reading of +33.2 in June, which was below expectations for +40.0, and also below May’s level of +44.1.

The Expectations Conditions Index for June was reported at -16.9, which was below the consensus estimate for +2.0 and below the May reading of +10.8.

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