German economic confidence reached 42.9 in April, marking a two-year high and signaling recovery.
German economic confidence rose to 42.9 in April, the highest in over two years, indicating a recovery is near. The ZEW Institute's expectations gauge increased from 31.7 in March, exceeding economists' predictions. The current conditions index advanced less than expected. The improving global economy and enhanced assessments of Germany's export destinations contributed to this optimism.
April 16, 2024
4 Articles