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German investor morale tumbles in April to lowest since 2012

Reuters  |  BERLIN 

BERLIN (Reuters) - German investor morale plunged to its lowest level in more than five years in April as economic data weakened and uncertainty linked to rising trade tensions between China and the United States increased, a survey showed on Tuesday.The ZEW research institute said its monthly survey showed a reading for economic sentiment among investors had dropped for a third month in a row to -8.2 from 5.1 in March.The reading was the lowest since November 2012 and compared with the Reuters consensus forecast for a reading of -1.0. A separate gauge measuring investor assessment of the ...

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First Published: Tue, April 17 2018. 16:26 IST