German Investor Sentiment Extends Rebound as Slump Fears Ease
- ZEW expectations index rises to 28.1 in February; est. 23
- Improvement down to higher profit expetations, Wambach says
This article is for subscribers only.
Investor sentiment in Germany’s economy improved for a fifth month as inflation gradually eases and fears of a deep recession recede.
The ZEW institute’s gauge of expectations rose to 28.1 in February — the highest since before Russia invaded Ukraine — from 16.9 the previous month. That’s much more than the median estimate of 23 in a Bloomberg survey of economists.