Germany’s economic sentiment has taken a sharp downturn in April, reaching its lowest level in nearly two years, as concerns over US trade policy under Donald Trump cast a shadow over business confidence.
According to the latest ZEW Economic Sentiment survey, the indicator collapsed to -14 points, down from 51.6 in March, marking the weakest reading since July 2023. The figure missed expectations by a wide margin, with economists having forecast a more modest decline to 9.5.
