Indicators
German Investor Outlook Improves as Worst-Case Winter Averted
- ZEW expectations index rises to -23.3 in December; est. -26.4
- Wambach sees ‘significant improvement’ in the economic outlook
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The investor outlook for Germany’s economy improved to its highest level since Russia’s invasion of Ukraine — the latest sign that concerns over a deep winter slump are receding.
The ZEW institute’s gauge of expectations climbed to -23.3 in December from -36.7 the previous month, better than economists polled by Bloomberg had predicted. It’s still below a long-term average, though, as consumers and industry grapple with higher energy costs.