The ZEW index, better than expected, returns to positive territory

(Boursier.com) — The ZEW index, measuring investor sentiment in Germany, continues to recover and finds itself back in positive territory. The index reached 16.9 in January after -23.3 in December, and against a consensus of -15. This is its highest level since Russia invaded Ukraine. The index relating to the current situation stands at -58.6 against -61.4 the previous month (-57 consensus).

The ZEW index is compiled monthly from approximately 350 financial experts. It represents the difference between the portion of optimistic analysts and the portion of pessimistic analysts for the German economic development at 6 months.