German Economic Sentiment Jumps in January
January 23 2018 - 4:52AM
Dow Jones News
By Nina Adam
FRANKFURT--German economic sentiment rose in January and
analysts remained optimistic about Germany's near-term growth
prospects despite the country's struggle to form a governing
coalition.
The ZEW think tank said Tuesday that its measure of economic
expectations rose by three points to 20.4 points, beating
economists' forecasts of 17.5 points.
The 212 financial analysts and investors polled by the ZEW in
January were also more upbeat about Germany's current situation and
the corresponding ZEW measure hit its highest level since records
began in late 1991.
The survey shows that Europe's largest economy continues to
prosper despite its difficulties forming a governing coalition.
Germany continues to be run by a caretaker administration about
four months after an election that yielded no clear majority.
Write to Nina Adam at nina.adam@wsj.com
(END) Dow Jones Newswires
January 23, 2018 05:37 ET (10:37 GMT)
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