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ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung GmbH Mannheim L 7 68161 Mannheim, Germany http://www.zew.de
Contact Ms Kathrin Böhmer +49 621 1235103
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ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung GmbH Mannheim

Economic expectations improve slightly

ZEW Indicator of Economic Sentiment

(PresseBox) (Mannheim, )
The ZEW Indicator of Economic Sentiment for Germany increased in December 2008 by 8.3 points. The indicator now stands at minus 45.2 points after minus 53.5 points in the previous month. This is still well below its historical average of 26.8 points.

The slight improvement of the ZEW economic sentiment indicator signals that the worries about a further aggravation of the recession in the mid of 2009 seem to be limited. The interest rate cuts of the central banks worldwide and the economic rescue packages should bolster the economic development.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.