The mood among German investors unexpectedly improved in September, a survey showed on Tuesday.
The Mannheim-based ZEW research institute said its monthly survey showed its German economic sentiment rose to a negative 10.6 this month from minus 13.7 in August. That was compared to the consensus forecast for a reading of minus 14.0.
A separate gauge measuring investors’ assessment of the economy’s current conditions rose to 76.0 from 72.6 last month. That compared to analyst’s expectations for a decrease to 72.0.
Meanwhile, the ZEW’s index of euro zone economic sentiment decreased increased to minus 7.2 in September from minus 11.1 a month earlier. Consensus expected the index to improve to just minus 10.9.
