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German ZEW Economic Confidence Strengthens More Than Expected

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

German economic sentiment improved more-than-expected in January despite the uncertainty over the further course of the lockdown, survey data from the ZEW - Leibniz Centre for European Economic Research showed on Tuesday.

The ZEW Indicator of Economic Sentiment climbed 6.8 points to 61.8 in January. The reading was above the expected level of 60.0.

At the same time, the current situation index rose slightly to -66.4 from -66.5 in December. The expected level was -68.5.

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