Sentiment among German investors rose by less than expected in February, a new survey showed today.
The ZEW economic research institute said its economic expectations indicator, based on a survey of 309 analysts and institutional investors, rose to +2.9 this month from -3.6 in January.
The mid-range forecast in a recent poll of economists was for a February reading of 5.0, with predictions ranging from -3.0 to 16.0.
A separate gauge of current conditions for Germany rose to 70.9 from 70.6 in January. The consensus forecast was for a reading of 67.8.
A measure of expectations for the euro region rose to +6.8 in February from -1.8 in January.
