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Positive Turn: Germany's Economic Sentiment ZEW Surprises on the Upside

Germany's ZEW economic sentiment index surprised to the upside in December, registering 12.8 compared to November's 9.8. This marks the fifth consecutive improvement in the index, signaling an enhancement in sentiment and conditions for the Eurozone's largest economy.

This improvement confirms earlier positive signals from PMIs and bodes well for the IFO index, which is expected to be released later in the month.

The surprise contrasts with hard activity numbers and the recent budget crisis, but it may indicate that the worst is behind for Germany. #Germany #EconomicOutlook #ZEWIndex"


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