Investing.com - The mood among German investors worsened in March, a survey showed on Tuesday.
The Mannheim-based ZEW research institute said its monthly survey showed its German economic sentiment fell to 5.1 this month from 17.8 in February. That was compared to the consensus forecast for a reading of 13.1.
A separate gauge measuring investors’ assessment of the economy’s current conditions fell to 90.7 from 92.3 last month. That compared with the consensus forecast for a decrease to 90.0.
Meanwhile, the ZEW’s index of euro zone economic sentiment decreased to 13.4 in March from 29.3 a month earlier. Consensus was looking the index to fall to just 28.1.