German ZEW economic sentiment declines to 36.3

Note: This section contains information in English only.
Source: WBPonline
© Scanpix\AFP
German widely expected ZEW economic sentiment index decreased unexpectedly in July, stirring further worries surrounding the recession-hit Euro block region. The ZEW indicator retreated by 2.2 points and reached 36.3, after adding 2.1 points to 38.5 in June, damping analyst forecast of rally to 40.0 in July.
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