May 24, 5:33 AM EDT

A closely watched survey of German investor confidence has dipped unexpectedly because of concerns such as uncertainty over whether Britain will vote to leave the European Union


Latest News
A top member of a rising German nationalist party has drawn sharp criticism for reportedly saying that many people wouldn't want Jerome Boateng, a Germany national soccer team player whose father was born in Ghana, as their neighbor

Germany is talking tough on deporting migrants who aren't granted asylum and downplaying the chances for Afghans in the hope of dissuading more from making the trip

German airline Lufthansa says it is suspending its flights to Caracas, citing the difficult economic situation in Venezuela

A German opposition leader has had a cake shoved in her face at a party meeting _ an apparent protest against her position that not all refugees can come to Germany

German prosecutors investigating the slaying of a Chinese student whose body was found earlier this month in an eastern town say they are looking into a possible leak

Multimedia
Exhibit Honors Soviet Photographer
Multimedia
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 economy showing signs of more life after a less-than-stellar start to 2016

The European Union is launching a new effort to contain the so-called "grey economy" of undeclared and untaxed work

Puerto Rico's governor has lost a battle to increase a business-to-business tax and impose a transition to a value-added tax system amid an economic crisis

Smokers in New Zealand will pay $20 for a pack of cigarettes under the government's budget plan released Thursday

Canada's central bank said Wednesday the Canadian economy will shrink in the second quarter because of Alberta's devastating wildfires

Ratings agency S&P says vote to leave the European Union on June 23 could jeopardize pound's standing as a reserve currency

Brazil's acting president announces austerity measures aimed at pulling Latin America's largest economy from its worst crisis in decades, warning that a failure to act will mean "extraordinary hardship" for future generations

Cuba says it will legalize small and medium-sized private businesses, a move that could significantly expand the space allowed for private enterprise in one of the world's last communist countries

A closely watched survey of German investor confidence has dipped unexpectedly because of concerns such as uncertainty over whether Britain will vote to leave the European Union

Mixed economic signals emerged Monday about the state of the eurozone economy

Interactives
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
Interactive
Berlin Wall: 20 Years Later

BERLIN (AP) -- A survey of German investor confidence has dipped unexpectedly because of concerns, among others, over whether Britain will vote to leave the European Union.

The ZEW institute said Tuesday its index of economic sentiment for Germany dropped to 6.4 points for May, down from 11.2 in April. Economists had predicted a slight rise to 12.

ZEW President Achim Wambach says positive sentiment from the strong growth of the German economy in the first quarter is being offset by investors' longer-term concerns.

He says "they seem not to expect the economic situation to improve at the same pace going forward; uncertainties regarding developments such as a possible Brexit currently inhibit a more optimistic outlook."

The index is based on a survey of 211 financial experts.

© 2016 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.