India, July 21 -- Germany's economic confidence strengthened more-than-expected in July to the highest level in five months, the financial market survey conducted by the think tank ZEW showed Tuesday.
The investor sentiment index improved to 26.3 in July from 10.5 in June. The score hit the highest since February and remained well above the expected score of 18.0.
Expectations brightened in July as the reform package appears to be having an effect. The export-oriented sectors and domestic demand recorded stable growth.
For comments and feedback contact: editorial@rttnews.com
Published by HT Digital Content Services with permission from RTT News....