Germany's ZEW Economic Sentiment Index Surges to 10.5 in June on Iran Conflict Hopes

According to Jin10 Data, Germany's ZEW economic sentiment index climbed to 10.5 in June (May: -10.2), far exceeding the market expectation of -6, driven by expectations that the Iran conflict will end soon. ZEW Chairman Achim Wambach stated that financial market experts anticipate the Iran conflict is nearing conclusion, which could ease pressure on energy prices and inflation, benefiting energy-intensive industries and households while boosting domestic demand. The current situation index deteriorated further to -81. Germany's economy is expected to achieve only modest growth in 2026, as Middle East tensions have weakened prospects for a strong rebound after years of stagnation.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments