Germans optimistic before the next six months

German ZEW research institute’s prosperity, sentiment and business index for the next six month increased to 56.1 in August, from the 39.5 points July. This is the strongest improvement since April 2006.

The ZEW indicator has improved since autumn, having previously declined by more than one year and reached its 15-year nadir in July last year, reached minus 63.9 points. The positive numbers of the index in April this year, showed the hopefuls are in majority for the first time since July 2007. Analysts expected an average of 47.3 points for this month – reports Népszabadság Online.