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German ZEW Economic Sentiment Improves For Fifth Month

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.

by RTT Staff Writer

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