ZEW Indicator of Economic Sentiment for Germany rose to a level of 48.2 in February 2013

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Source: ZEW
ZEW Indicator of Economic Sentiment measuring economic expectations for Germany has climbed 16.7 points in February reaching 48.2 points and has gained 11.2 points to 42.2 in the Eurozone. The respective index evaluating current economic situation has declined 1.9 points and stands at 5.2 points in Germany, meanwhile, in the Euro area situation barely changed and currently is -75.6 points. 
"The financial market experts have made their peace with the weak fourth quarter of 2012. In their opinion the German economy faces less headwinds from the euro crisis than throughout the last months. If this situation remains unchanged during the next months, German business activity may pick up speed moderately", says ZEW President Wolfgang Franz.
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