Investor confidence in the German economy fell in October

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In October, the index of investor and analyst confidence in the German economy over the next six months was minus 24.7 points, down from minus 10.6 points in September, the ZEW Research Institute reported. Over the previous two months, it has been growing. Experts had expected a less significant drop in the index – only to minus 12 points. The indicator, which assesses the current situation in the country's economy, dropped to 70.1 points from 76 points. According to ZEW President Achim Wambach, confidence in the German economy has declined amid growing trade disputes between the United States and China, as well as concerns about the tough option for Britain to leave the EU.

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