DEZEW
  • Prior -91.4
  • Economic sentiment 15.7 vs 6.5 expected
  • Prior 7.4

German economic sentiment continues to worsen in December with the reading being the worst since May 2020. The only bright spot is that the outlook index is showing some improvement but that's a contrast to what the Ifo reading is saying. And I'd be more inclined to err towards the latter considering the challenges faced by Germany right now.