German investor morale plunges as emissions scandal bites

The German economic sentiment index from the ZEW Institute fell to 10 points in August from 17.5 in July. It was forecast at 15.0 points
 
ZEW says the economic outlook for Germany remains stable at the current fairly high level, but the significant decrease in sentiment reflects a high degree of nervousness over the future path of growth in the country.
 
Weaker than expected exports and the emissions scandal in the autos industry have contributed to German nervousness.
German investor morale plunges as emissions scandal bites German investor morale plunges as emissions scandal bites Reviewed by Alexander Von Stern on 04:58:00 Rating: 5