ZEW Economic Confidence Indicators Improve in Germany and Eurozone
The German ZEW Institute reported improved economic confidence indicators for September.
The ZEW economic confidence index in Germany rose to 13.1 points, surpassing market expectations of 10.2 points and increasing by 3.6 points from July.
The eurozone's ZEW economic confidence index improved to 20.1 points, significantly higher than the expected 16.9 points and up from 9.3 points in July.
The indices are based on a survey of around 275 German investment institutions and economic analysts, providing insights into the economic outlook for the next six months.
