German Investor Confidence Falls on Caution Over Outlook
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German investor confidence fell for a second month in February, signaling concern that the fragile recoveries in neighboring countries pose a risk to 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 55.7 from 61.7 in January, after reaching a seven-year high of 62 in December. Economists forecast a decline to 61.5, according to the median of 37 estimates in a Bloomberg News survey.