Economics
German Investor Confidence Damped by Weaker Emerging Markets
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German investor confidence fell for a sixth month in September, adding to signs that the slowdown in emerging markets threatens to drag on growth 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 ahead, slid to 12.1 from 25 in August. The reading compares with a median estimate of 18.3 in a Bloomberg survey of economists. A measure for the euro area also fell.