German Investor Confidence Falls for Fourth Month in April
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German investor confidence fell for a fourth month in April, highlighting the risks to the recovery in Europe’s largest economy.
The ZEW Center for European Economic Research in Mannheim said its index of investor and analyst expectations, which aims to predict economic developments six months in advance, slid to 43.2 from 46.6 in March. Economists forecast a decline to 45, according to the median of 37 estimates in a Bloomberg News survey. The gauge reached a seven-year high of 62 in December.