German economic confidence improved notably in December after the announcement of forthcoming Covid-19 vaccine approvals, survey results from the ZEW - Leibniz Centre for European Economic Research showed on Tuesday.
The ZEW Indicator of Economic Sentiment climbed more-than-expected to 55.0 in December from 39.0 in the previous month.
The score was expected to advance to 45.5. Economic expectations have largely recovered from the sharp decline posted in November.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.