Germany's economic sentiment improved for the fifth straight month in April, the Mannheim-based Centre for European Economic Research (ZEW) said Tuesday.
The indicator of economic sentiment rose to 23.4 in April from 22.3 in March. Economists had expected the index to fall to 19.
Meanwhile, the indicator assessing the current economic situation rose to 40.7 in April from 37.6 in the previous month. Expectations were for a fall to 35.
Economic expectations for the Eurozone have increased by 2.1 points in April.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.