ZEW Indicator of Economic Sentiment April 2014
The indicator reflecting the experts' assessment of the current economic situation for Germany has gained remarkable 8.2 points in April, reaching a level of 59.5 points. This is the indicator’s highest level since July 2011. This very positive assessment of the economic situation may also explain to some extend why a part of the surveyed experts have slightly lowered their expectations for the next six months - in their view the German economy is already growing at a considerable pace.
Economic expectations for the Eurozone have slightly decreased in the current survey. The respective indicator has declined by 0.3 points and now stands at a level of 61.2 points. The indicator for the current economic situation in the Eurozone has improved by 6.2 points to a level of minus 30.5 points.
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