Investor assurance in the German economy rose in January

An analysis by the ZEW Institute indicated a significant increase in investor confidence in the German economy this month. According to published data, the January index determined by the institute’s experts amounted to 51.7 points, having risen from 29.9 points in the prior month. Its value turned out to be higher than the experts’ prognosis by 32 points. At the same time, investors lowered their assessment of the current economic circumstances to minus 10.2 from minus 7.4 points a month earlier. At the same time, the market expected a less sharp decline in the indicator – only to minus 8.5 points. At the same time, the institute’s report notes significant progress in the indicator that characterizes the survey participants’ expectations regarding the prospects for the German economy, which indicates an emerging trend to overcome weakness in the economy, which was observed in the last three months of last year. Earlier, the institute’s experts reported that in the euro area the existing economic conditions indicator of the currency bloc fell to minus 6.2 from minus 2.3 points. At the same time, the indicator of expectations regarding the Eurozone’s economic prospects showed significant growth, rising from 26.8 to 49.4 points.

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Arseny Kudrin

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