ZEW said on Tuesday its October investor confidence index fell to 28.1, below a
REUTERS SURVEY forecast of 30 and down from September's 34.7. ZEW chairman Achim
Wambach said Germany is only slowly emerging from stagnation and the recovery
lacks sustainability; persistently high energy prices are weighing on private
consumption and investment, squeezing real incomes, raising production costs and
prolonging inflation.
