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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