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Positive Signals from the Economy Raise Confidence
The ZEW Indicator of Economic Sentiment for Germany again recorded an increase in the current May 2024 survey. At 47.1 points, it is 4.2 points above the April value. The assessment of the economic situation in Germany has also improved. The corresponding indicator rose by 6.9 points to a new value of minus 72.3 points. “The confidence increases. Following the stronger-thanexpected growth of the German economy in the first quarter of 2024, both the assessment of the current situation and economic expectations have become more favourable. Signs of an economic recovery are growing, bolstered by better assessments of ... (full story)