German economic sentiment strengthened in December to its best level in 10 months amid hopes of falling inflation and a temporary easing in the energy markets, a monthly survey conducted by the Mannheim-based research institute ZEW revealed on Tuesday.
The ZEW Indicator of Economic Sentiment rose sharply to -23.3 in December from -36.7 in November. The reading was also much better than economists' forecast of -26.4.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.