{"id":84132,"date":"2023-05-16T14:47:31","date_gmt":"2023-05-16T10:47:31","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=84132"},"modified":"2023-05-16T14:47:34","modified_gmt":"2023-05-16T10:47:34","slug":"german-zew-economic-sentiment-index-declines-in-may","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/german-zew-economic-sentiment-index-declines-in-may\/05\/16\/market-updates\/","title":{"rendered":"German ZEW Economic Sentiment Index declines in May"},"content":{"rendered":"\n<p>The German ZEW headline figure revealed that the Economic Sentiment Index fell substantially in May, falling to -10.7 from 4.1 in April, falling short of the market forecast of -5.5.<\/p>\n\n\n\n<p>Meanwhile, the Current Situation Index rose to -34.8 from -32.5, above the market forecast of -37.5.<\/p>\n\n\n\n<p>During the same time period, the Eurozone ZEW Economic Sentiment Index fell to -9.4 from 6.4, falling short of expectations of 8.2.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>Indicator of economic sentiment has once again fallen sharply.<\/p><p>Financial market experts anticipate a worsening of the already unfavorable economic situation in the next six months.<\/p><p>German economy could slip into a recession, albeit a mild one.<\/p><p>Sentiment indicator decline is partly due to expectations of further interes rate hikes by the ECB.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>The German ZEW headline figure revealed that the Economic Sentiment Index fell substantially in May, falling to -10.7 from 4.1 in April, falling short of the market forecast of -5.5. Meanwhile, the Current Situation Index rose to -34.8 from -32.5, above the market forecast of -37.5. During the same time period, the Eurozone ZEW Economic &hellip;<\/p>\n","protected":false},"author":9,"featured_media":34708,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[6856,6839,7169],"class_list":["post-84132","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-economic-data","tag-germany","tag-sentiment"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/84132","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=84132"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/84132\/revisions"}],"predecessor-version":[{"id":84133,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/84132\/revisions\/84133"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/34708"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=84132"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=84132"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=84132"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}