News » Money
Jul 15, 5:30 AM EDT

German investor confidence down for 7th straight month after disappointing economic data

World Video

Latest News
Karl Albrecht, reclusive billionaire who co-founded German supermarket chain Aldi, dead at 94

German Jewish leader condemns 'explosion' of anti-Semitism in connection with Gaza protests

Germany honors officers who tried to kill Hitler, establishing soldiers' right to resist

German police say 10 killed, 69 injured when several buses crash near eastern city of Dresden

Germany's Merkel seeks 'sensible talks' with US on spy differences, aims for accord

Exhibit Honors Soviet Photographer
Buy AP Photo Reprints
A district summary of the Beige Book
Measuring economic stress by county nationwide
Mall malaise: shoppers browse, but don't buy
Unemployment by the numbers
Family struggles with father's unemployment
Saying an affordable goodbye
Hard times hit small car dealer
Latest Economic News
US stocks climb in early trading as earnings reports roll in; Chipotle jumps 12 percent

Solid corporate earnings drive stocks higher in early trade; Comcast, Lockheed among gainers

How the Dow Jones industrial average and other major indexes fared on Monday

Six Flags, Hasbro, BB&T, Steel Dynamics, and are big market movers

Weak US corporate earnings and tensions over Ukraine weigh on the stock market; Hasbro slumps

US stocks slip as more earnings roll in and traders worry about tensions over downed plane

Survey: US companies report rising sales spur hike in employment, wages during 2nd quarter

National parks, monuments boost Wyoming, Montana and Idaho economies by $1.15 billion

Puerto Rico power company's finances worry US investors, who call for more information

Turkey cuts main interest rate by 0.50 percentage point amid improvements in liquidity

Greece's Debt Threatens to Spread
State budget
gaps map
Auto industry problems trickle down, punish Tennessee county
Women give old Derby hats a makeover in tough economy
S.C. town deals with highest unemployment in South
How mortgages were bundled and sold as securities
Tracking the $700 billion financial bailout
Tracking the year's job losses
State-by-state foreclosures since 2007
Credit crisis explained
Presidents and their economic legacies
Lexicon of the financial crisis
Americans' addiction to debt
Berlin Wall: 20 Years Later

BERLIN (AP) -- A survey shows that German investor confidence fell for the seventh consecutive month in July, in another indication that Europe's biggest economy may be coming off the boil.

The ZEW institute said Tuesday that its monthly confidence index, which measures investors' economic outlook for the next six months, fell to 27.1 points from 29.8 in June. That was a steeper fall than economists predicted.

ZEW president Clemens Fuest said recent data had a sobering effect but that "the medium-term economic outlook remains favorable."

Germany's economy grew a robust 0.8 percent in the first quarter compared with the previous three-month period, but recent data have fuelled expectations of slower second-quarter growth. Factory orders and industrial production in May were below expectations amid slowing growth in China and tensions over Ukraine.

© 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Learn more about our Privacy Policy and Terms of Use.