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Economic Expectations Reach Highest Level since March 2022

From zew.de

The ZEW Indicator of Economic Sentiment for Germany again recorded an increase in the current April 2024 survey. At 42.9 points, it is 11.2 points above the March value. In contrast, the assessment of the economic situation in Germany has remained almost unchanged. The corresponding indicator increased marginally by 1.3 points to a new value of minus 79.2 points. “A recovering global economy is boosting expectations for Germany, with half of the respondents anticipating the country’s economy to pick up over the next six months. Further contributing to the heightened optimism are the much improved assessments of the ... (full story)

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