German economic sentiment strengthened to a five-month high in December as analysts expect the expansive fiscal policy to support economic recovery, the financial market survey conducted by the think tank ZEW showed Tuesday.
The economic sentiment index advanced to 45.8 in December from 38.5 in the previous month, reaching the highest since last July. The score was seen at 38.4.
However, the assessment of the current economic situation deteriorated slightly. The corresponding indicator posted -81.0 compared to -78.7 in the previous month. The reading was forecast to drop moderately to -80.0.
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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.