Economics
Investors Raise Hopes for German Recovery After Stimulus Boost
- Expectations rose to 77.4 in September, above all estimates
- Government allocated additional 10 billion euros in support
Manufacturers in the country continued to ramp up output for a third straight month in July.
Photographer: Alex Kraus/BloombergThis article is for subscribers only.
Investors unexpectedly raised their expectations for Germany’s economy, in a sign of hope that the latest boost in fiscal support will help the country recover from the coronavirus slump.
A gauge measuring prospects for the next six months rose to 77.4 in September, exceeding all estimates in a Bloomberg survey. Current conditions also improved.