Germany November ZEW Economic Sentiment Index 39...Significantly Below Previous Month

[Asia Economy Reporter Kwon Jae-hee] On the 10th (local time), according to the European Economic Research Center (ZEW), a German private economic research institute, the German Economic Sentiment Index for November recorded 39. This is significantly lower than the expected 44.3 and the previous month's 56.1.

Recently, Germany has been implementing strict re-lockdown measures due to the resurgence of the novel coronavirus infection (COVID-19). As European governments, including Germany, have entered a second lockdown by implementing partial lockdown measures, citizens in Berlin protested, demanding financial support for livelihood issues caused by COVID-19.

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