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German investor morale falls more than expected in August
August 22, 2017 / 9:08 AM / in 4 months

German investor morale falls more than expected in August

BERLIN, Aug 22 (Reuters) - The mood among German investors worsened for the third consecutive month in August, a survey showed on Tuesday, suggesting that markets expect Europe’s biggest economy to lose some momentum in the coming months.

The Mannheim-based ZEW research institute said its monthly survey showed its economic sentiment index fell to 10.0 from 17.5 in July. This undershot a Reuters consensus forecast for a fall to 15.0.

A separate gauge measuring investors’ assessment of the economy’s current conditions edged up to 86.7 from 86.4 last month. This compared with the Reuters consensus forecast predicting a dip to 85.5. (Reporting by Michael Nienaber; Editing by Paul Carrel)

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