German investor morale sours in June


  • World
  • Tuesday, 16 Jun 2015

FRANKFURT (Reuters) - The mood among analysts and investors in Europe's largest economy took a sharply pessimistic turn in June, with a sentiment indicator dropping to a seven-month low as the Greek crisis and subdued global growth frayed nerves.

Mannheim-based think tank ZEW said on Tuesday its monthly survey of German economic sentiment fell to 31.5 points from 41.9 in May, undershooting a Reuters consensus forecast of 37.1.

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