Economic sentiment in Germany takes steep dive: ZEW
BERLIN, July 12 (Xinhua) -- The indicator of economic sentiment for Germany in July slumped by 25.8 points month-on-month to minus 53.8 points, the Leibniz Center for European Economic Research (ZEW) said in its monthly expert survey published on Tuesday.
The assessment of the economic situation also decreased sharply by 18.2 points to minus 45.8 points. "Both the assessment of the economic situation and the exp