ZEW’s economic sentiment improved in November in the eurozone and in Germany

The economic sentiment index rose to its highest level for half a year in Germany, according to a report released on Tuesday by the Mannheim-based ZEW Economic Research Institute.

The ZEW (Zentrum fur Europaische Wirtschaftsforschung) German economic sentiment index for November improved significantly, compared to the previous month: the indicator reflecting the expectations of economic operators. It has increased by 20.7 points to minus 2.1 points, the highest since May from last month’s minus 22.8 points. (MTI)