- Prior -82.0
- Economic sentiment 47.5 vs 35.0 expected
- Prior 25.2
The strong rebound in the outlook index sees that come up to the highest since March and that’s just behind the highest level since February 2022. ZEW notes that confidence is picking up amid recent growth in investment and consumer demand. Alongside the new government’s fiscal policy measures, there is hope for a real boost to the German economy.
This article was written by Justin Low at www.forexlive.com.