German economic confidence strengthened sharply to a six-month high in November on rising hopes of an improvement in the global economic environment, survey data from the ZEW - Leibniz Centre for European Economic Research in Mannheim showed on Tuesday.
The ZEW Indicator of Economic Sentiment rose more-than-expected to -2.1 in November from -22.8 in the previous month. A similar higher reading was last seen in May. The expected reading was -13.0.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.