(Updated with current conditions, comments from the institute)
Investor morale in Germany has improved since the beginning of January, shows the monthly survey published Tuesday by the ZEW economic research institute.
Its index stood at 15.2 points, compared to 12.8 in December.
The Reuters consensus forecast was 12.0.
“The economic outlook for Germany has improved again,” notes Achim Wambach, President of ZEW.
“More than half of those surveyed actually expect a rate cut from the European Central Bank during the first half of the year.”
The assessment of the current economic situation, on the other hand, remained practically stable, with the corresponding indicator losing 0.2 points to -77.3 points.
(Written by Corentin Chappron, edited by Tangi Salaün and Blandine Hénault)