Germany: characteristic growth in february

The ZEW index of economic sentiment rose to 71.2 points in February from 61.8 points a month earlier, well above market expectations of 59.6 points.

The index of current economic conditions in Germany in February showed minimal changes: -67.2 points (expected: -67.0) vs -66.4 in January.

According to the head of ZEW A. Wambach,… ”economists have become optimistic about the future, they are confident that the German economy will return to the growth trajectory over the next six months. Consumption and retail are expected to enter a phase of marked recovery, accompanied by higher inflationary expectations ... "