Investors in the German economy rising optimism, 2 months, according to a high-profile investigation results, the hope that the country may avoid recession.
ZEW institute released Tuesday index, from 31.5 in January rose to 48.2 points. This is the third time increase a monthly column, higher than the market analysts expected 36 points. The institute for the 272 investment industry analysts on February 4 and 2 months and days, they think the economy will be in the next six months implementation.
The German economy fell by 0.6% in the fourth quarter, and put it in another drop in this year the first 3 months of economic recession, is usually defined as two consecutive quarters of economic contraction. But many economists believe that dip is only temporary, rapid economic recovery growth.
Fear was fading - this kind of situation in recent months, a highly indebted European countries such as Spain or Italy will have to pay its debts, already troubled financial market and Europe. Even so, the European Union use euro 17 European Union countries economy is to stay in a recession, the European central bank expected annual 0.3% of contraction. A strong German economy could help the euro area in its expected later this year returned to normal.
ZEW President Wolfgang Franz said, surveyed investors think, "the German economy is facing adverse factors, the euro crisis in the last few months.
"If this situation remains the same, in the coming months, Germany's business activities may be picked up speed medium," he said in a statement.
Jennifer Martin keown, in the Capital economy (Capital Economics) economists survey said, "in the early part of this year, the economic increase positive sign", but he warned that ZEW hasn't been good forecast growth, business investigation, such as Ifo index, and a Friday. She said, the fourth quarter is a "weak starting point," so is not surprising, investors now see things improve.
Others pointed out that the economic actual execution hard data - instead of "soft data", such as expected survey - is still lacking.
"Even if the real economic live in only half the expected recently created soft data, should put any technical recession worries is not reasonable," kasten Brzeski said ING analysts.




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