BREAKING NEWS

BREAKING NEWS

German investor morale weakens more than forecast in December

Now Reading:

German investor morale weakens more than forecast in December

German investor morale weakens more than forecast in December
Text size Aa Aa

BERLIN (Reuters) - The mood among German investors worsened more than expected in December, a survey showed on Tuesday, reflecting uncertainty over the policies of a government yet to be formed, Britain's expected exit from the European Union and reforms in the bloc.

The Mannheim-based ZEW research institute said its monthly survey showed its economic sentiment fell to 17.4 from 18.7 in November. That was a sharper fall than a Reuters consensus forecast for a drop to 18.0.

A separate gauge measuring investors' assessment of the economy's current conditions climbed to 89.3 from 88.8 last month. That compared with the Reuters consensus forecast for an increase to 88.5.

(Reporting by Joseph Nasr; Editing by Michelle Martin)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.