Economics
German Investor Confidence May Fall to 16-Month Low
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German investor confidence probably declined to a 16-month low in August, a sign economic growth is likely to slow from the record-breaking pace set in the second quarter.
The Mannheim-based ZEW Center for European Economic Research will say today its index of investor and analyst expectations fell for a fourth month, to 20 from 21.2 in July, according to the median of 33 forecasts in a Bloomberg News survey. ZEW releases the report, which aims to predict developments six months ahead, at 11 a.m. in Mannheim.