Economics

German Investor Confidence Worsens Amid Raw Material Shortages

ZEW expectations gauge drops to 22.3 vs. est. decline to 23.5
Profits seen falling, particularly in export-oriented firms

Frankfurt Osthafen container port dock near skyscrapers in the financial district in Frankfurt. — Frankfurt Osthafen container port dock near skyscrapers in the financial district in Frankfurt.
Photographer: Alex Kraus/Bloomberg

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By Carolynn Look

October 12, 2021 at 9:08 AM UTC

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German investor confidence declined for a fifth month in October, adding to evidence that global supply bottlenecks and a surge in inflation are weighing on the recovery in Europe’s largest economy.