German Financial Sentiment Hits Lowest Since 2022 on Energy Shock
"The economic consequences of the Iran war for the German economy go far beyond price increases," ZEW President Achim Wambach said.

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"The economic consequences of the Iran war for the German economy go far beyond price increases," ZEW President Achim Wambach said.
Confidence among investors fell sharply this month as the conflict in the Middle East continued and energy prices surged.
The ZEW Indicator of Economic Sentiment rose higher than expected, lifted by evidence of a pickup in export-oriented industries.
Confidence was buffeted by disillusion over the EU's trade deal with the U.S. and Germany's weaker-than-expected economic performance in the second quarter.
Confidence in the economy jumped again this month, helped by improving consumer demand and the expected boost from the new government's spending plans.
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