German investor confidence hits 11-month high

GMT 17:59 2015 Tuesday ,20 January

Arab Today, arab today German investor confidence hits 11-month high

Germany's economy
Berlin - SPA

German investor confidence hit an 11-month high in January, dpa reported.
A closely watched indicator, which gauges the mood among analysts and institutional investors, jumped for the third-consecutive month in January to 48.4 points from 34.9 in December, the Mannheim-based ZEW institute said.
The January reading also beat analysts' forecasts, which had pointed to the indicator rising to 40 points.

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