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German Economic Confidence Strongest Since July 2021

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

German economic sentiment strengthened at the beginning of the year to the highest level in four-and-a-half years, the financial market survey conducted by the think tank ZEW showed Tuesday.

The economic sentiment index rose to 59.6 in January from 45.8 in the previous month, reaching the highest since last July 2021. The expected score was 50.0.

The assessment of the current economic situation also improved, with the corresponding index rising to -72.7 from -81.0 in December.

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