Germany: Economic sentiment declines in September
Latest reading: Economic sentiment declined to 90.3 in September, following August’s 90.7.
In September, sentiment worsened in the industrial sector (-20.0 vs -19.5 in August), the construction sector (-15.5 vs -13.2 in August), the services sector (+1.4 vs +4.0 in August) and the retail sector (-22.8 vs -21.9 in August). In contrast, sentiment turned more upbeat among consumers (-9.3 vs -10.6 in August).