Posted 10/17/2023, 10:39:00 AM
German Investor Morale Rises for Third Month as Economic Outlook Improves
- German investor morale brightened in October according to the ZEW economic research institute
- The ZEW expectations index rose for the third straight month, suggesting economic situation in Germany is expected to improve
- Inflation rates are expected to decrease further, with most respondents anticipating stable short-term interest rates
- The assessment of Germany's current economic situation has stabilized, but remains far below long-term averages
- Factors like the Israel-Hamas conflict had limited impact on the more optimistic outlook