* Prior -45.8
* Economic sentiment -55.3
* Prior -53.8
That's another dismal reading as ZEW notes that they expect a further decline in the already weak economic growth in Germany. Adding that high inflation rates and expected additional costs from higher energy prices are to decrease profit expectations for the private consumption sector.
This article was written by Justin Low at www.forexlive.com.
http://dlvr.it/SWjcly
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