The German Zew index, which measures the confidence of institutional investors and expectations on the economy, showed a decrease in April from 46,6 points to 43,2 points.
The figure was lower than the expectations of analysts who had expected an index value of 45 points, indicating a further worsening of economic growth expectations. The Zew index referring to confidence in the current conditions of the German country's economy recorded an increase to 59,5 points from 51,3 points (consensus 51,8 points).
The confidence index relating to expectations on the Euroland economy fell to 61,2 points from 61,5 points.
