German investor confidence has improved more than expected in October, according to a survey by the ZEW institute. The increase is attributed to slowing inflation and growing hopes that the European Central Bank will not raise interest rates further. The economic expectations index rose by 10.3 points to reach minus 1.1 points, the third consecutive monthly rise.
Economic sentiment in Germany improves significantly: ZEW arabherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arabherald.com Daily Mail and Mail on Sunday newspapers.
In September 2023, the ZEW indicator of economic sentiment for Germany rose to -11.4 points, a 0.9 point rise from August.
Despite this, the perception of Germany s current.
Germany's economic sentiment unexpectedly improved in September as interest rates are estimated to have peaked in the euro area and the U.S., but financial market experts' assessment of the current situation turned more pessimistic, survey data from the ZEW-Leibniz Centre for European Economic Research showed Tuesday.