German investor morale hits two-year high in May

May 14, 2024 Tóth Balázs
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German investor sentiment improved more than expected in May, reaching its highest level since February 2022, according to the ZEW economic research institute.
The economic sentiment index rose to 47.1 points from 42.9 points in April.
“Following the stronger-than-expected growth of the German economy in the first quarter of 2024, both the perception of the current situation and economic expectations have become more positive,” said Achim Wambach, President of ZEW.
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