FXstreet.com (Barcelona) - The German indicator for economic sentiment decreased again in January to reach -41.6 points from -37.2 points in December, according to the latest research by the German ZEW institute for economic research.

German citizens assess US's danger of recession together with the euro strength as a serious risk for German economy's development, the German's hope for economy relies in the private consumption, which is supported by the recovery in the labour markets, but the increase of prices will put pressure on private consumption.

The current economic index also declined in January, 6.9 points down to 56.6 points.

Economic expectations for the Euro Zone worsened even deeper in January, with the indicator dropping 6.0 points to -41.7 points, while the indicator for the current economic situation in the Euro Area fell 11.8 points to 47.8 points.