As a result, the current economic situation in Germany has improved significantly. The index has climbed 13.8 points to a current reading of 77.3 points. This value was last exceeded in July 2011.
Financial market experts’ sentiment concerning the economic development of the eurozone has also improved, with the respective indicator increasing by 5.1 points to a reading of 23.2 points. The indicator for the current economic situation in the eurozone climbed 7.9 points to a level of minus 0.4 points in January 2017.
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