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German confidence sinks as industry slows, EU–US trade deal underwhelms
Aya El Sayed Published in Amwal Al Ghad on 12 - 06 - 2025

Germany's ZEW Indicator of Economic Sentiment fell 18 points to 34.7 in August 2025, ending several months of gains, the ZEW economic research institute said on Tuesday. The gauge of current conditions also worsened, dropping 9.1 points to minus 68.6.
"Financial market experts are disappointed from the announced EU–US trade deal. In August 2025, the ZEW indicator experiences a substantial decline, also due to the poor performance of the German economy in the second quarter of 2025. The outlook has worsened in particular for the chemical and pharmaceutical industries." ZEW President Achim Wambach, said. "The mechanical engineering and metal sectors as well as the automotive industry are also severely affected,"
In the eurozone, sentiment dropped 11 points to 25.1, while the current situation index fell 7 points to minus 31.2, with expectations revised down following earlier growth estimates.
Attribution: Amwal Al Ghad English
Subediting: Y.Yasser

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