German investor morale rises unexpectedly in May, ZEW finds
German investor morale rises unexpectedly in May, ZEW finds
ReutersTue, May 12, 2026 at 9:09 AM UTC
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The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, April 8, 2026. REUTERS/Staff
BERLIN, May 12 (Reuters) - German investor morale rose unexpectedly to minus 10.2 points in May, the ZEW economic research institute said on Tuesday.
Analysts polled by Reuters had expected the reading to fall to minus 19.8 points from last month's minus 17.2.
The data comes after two consecutive months of strong declines in economic expectations.
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"Expectations are improving but stay in negative territory," said ZEW president Achim Wambach.
"The financial market experts are hoping that the Iran war will end soon. Nevertheless, weak industrial production, rising energy prices and an inflation rate that exceeds the two percent mark continue to burden the German economy," he said.
(Reporting by Linda Pasquini, Editing by Friederike Heine; editing by Matthias Williams)
Source: “AOL Money”
