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ZEW April East European Confidence Index Declines to 5.4 Points

April 19 (Bloomberg) -- 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.

To contact the reporter on this story: Ott Ummelas in Tallinn at oummelas@bloomberg.net

To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net

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