German Economic Sentiment Improves In August: ZEW

Economic confidence in Germany improved in August but the assessment about current situation worsened and remained deeply in negative, survey data from the ZEW-Leibniz Centre for European Economic Research showed Tuesday. The Indicator of Economic Sentiment rose to -12.3 in August from a seven-month low of -14.7 in July. The score was forecast to remain at -14.7.Original Article