Economics
German Investor Confidence Falls Amid Slower Growth
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German investor confidence fell more than analysts forecast after growth in Europe’s largest economy slowed at the start of the year.
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, fell to 41.9 in May from 53.3 in April. That’s the lowest level since December. Economists had forecast a decline to 49, according to the median of 31 estimates in a Bloomberg survey.