German confidence in the future rises sharply and unexpectedly

Published:

German confidence in the future rises sharply and unexpectedly
Photo: Martin Meissner/AP

The ZEW index, which measures confidence among German investors and analysts, rose to 59.6 in January. This is the highest level since mid-2021, notes Bloomberg.

“2026 could mark the turning point,” ZEW director Achim Wambach said in a statement.

The previous month, the index was at 45.8 and analysts' average forecast was that it would rise to 50.9, according to a compilation by the Bloomberg news agency.

Loading related articles...

Tags

Author

TT News AgencyT
By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

More news

Loading related posts...