Germany's investor confidence rose sharply in April and topped economists' expectations, raising hopes of a rebound in the biggest euro area economy, but a sharp deterioration in the current assessment suggest that the outlook is set to remain greatly subdued in the near term.
The ZEW investor confidence index climbed to 3.1 from -3.6 in March, survey data from the ZEW-Leibniz Centre for European Economic Research showed on Tuesday. Economists had forecast a score of 0.8.
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