In Germany, the Zew index, which measures the expectations of 2008 analysts and institutional investors on the conditions of the German economy, fell to its lowest level since October 289. In any case, the decline is less than expected. Between August and September the indicator went from -37,6 to -43,3 points, against the -45 expected by analysts.
"The negative trend has lost momentum this month - explains the Zew study center - but the economic prospects are characterized by a high degree of uncertainty". Looking further to the Eurozone, the confidence climate index fell from -40 to -44,6 points (expected -42,3 points)
