German ZEW Economic Sentiment Index Drops in October

The German ZEW headline numbers for October showed that the Economic Sentiment Index worsened to 22.3 from 26.5 previous and below expectations of 24.0. The Current Conditions sub-index dropped to 21.6 in October as against 31.9 seen the previous month and 29.5 expected. The Eurozone ZEW Economic Sentiment for October fell to 21.0 for the current month as compared to the 31.1 previous and 37.0 expected.