Share

Germany, the Zew index soars to 42, beyond analysts' expectations

In August, the index that measures the confidence of German investors rose to 42 points, up on the July figure (36,3) - Analysts had expected a value of 40 points - The confidence index relating to the economy of Euroland, from 32,8 to 44 points

Germany, the Zew index soars to 42, beyond analysts' expectations

Berlin drags the European stock exchanges. The Zewche index, which measures German investor confidence, rose to 42 in August from 36,3 last month. The figure was higher than expected by analysts, who had expected an index value of 40 points, indicating a further improvement in economic growth expectations.

The ZEW index referring to confidence in the current conditions of the German country's economy recorded an improvement to 18,3 points from 10,6 points (consensus 12 points).

The confidence index relating to expectations on the Euroland economy rose to 44 points from 32,8 points.

comments