ZEW April East European Confidence Index Declines to 5.4 Points

Central and eastern Europe’s economic outlook worsened in April, the ZEW Center for European Economic Research and Erste Group Bank AG said.

The economic-sentiment indicator, a measure of investor confidence in the region, fell 11.2 points to 5.4 points, ZEW and Erste Bank said today in an e-mailed statement.

The ZEW index reflects the difference between the percentage of analysts who have positive outlooks and those with negative views. Ratings range from a maximum of 100 points to a minimum of minus 100 points.

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