BERLIN (Reuters) – Tuesday’s survey showed that Investor sentiment in Germany It deteriorated for the third month in a row in August on fears that the recovery in Europe’s largest economy would stall due to an increase in COVID-19 infections and a fourth wave of coronavirus infections.
Germany recorded more than 3,000 cases per day last week, bringing the total to 3.79 million. The number of deaths in Germany rose to 91,803. And the rate of injuries in seven days nationwide rose today to 23.5 per 100,000 people, compared to 23.1 on Monday.
The ZEW Institute for Economic Research said its index of investor sentiment fell to 40.4 points from 63.3 points the previous month. A Reuters poll had expected a drop to 56.7 points.
“This indicates increased risks to the German economy, such as risks from a possible fourth wave of COVID-19 starting in the fall or a slowdown in growth in China,” ZEW President Achim Wambach said in a statement.
A separate measure of current conditions rose to 29.3 from 21.9 in July. Compared to the average forecast at 30 points.
Read Also
- American Express turns NFTs into a credit card perk Jul 12, 2021
- Cryptocurrency : Zcash Analysis and Forecast Where is your price heading? May 29, 2021
- Dead the Giro, long live the Tour May 31, 2021
- Beto Quintanilla’s family attacked with bullets in Reynosa Sep 15, 2021
- Cryptocurrency : Bitcoin options expiration is approaching and bears seem to be in control May 28, 2021
- We can announce a Mental Health Law that wants to agree with Health and the rest of the groups May 31, 2021
- Bullfighting: Pro and anti bullfighting in the streets this Saturday before a vote in the Assembly Nov 19, 2022