Pursuits
German Investor Confidence Increases Second Month
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German investor confidence improved for a second month in December as the recovery in Europe’s largest economy showed signs of broadening.
The ZEW Center for European Economic Research in Mannheim said its index of investor and analyst expectations, which aims to predict developments six months ahead, increased to 4.3 from 1.8 in November. Economists expected a gain to 3.9, according to the median of 36 forecasts in a Bloomberg News survey.