German economic sentiment dropped to 28.1 in October per ZEW data, driven by high energy prices impacting production costs, though steel and metal sectors showed some resilience.
ZEW reported improved economic sentiment in Germany driven by fiscal measures and exports, though experts warned of risks from high energy prices linked to the US-Iran conflict.
Germany's ZEW economic sentiment index reached plus 10.5 in June, its first positive reading since February, driven by hopes for an end to the US-Iran conflict. Chemical and pharmaceutical sectors sho
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