OREANDA-NEWS  German investors have lost the optimism that they had in connection with the hopes that the situation had finally begun to improve. This was reported by Bloomberg.

She referred to the expectations index calculated by the Center for European Economic Research (ZEW), which fell to 38.5 in November from October's 39.3. And this despite the fact that analysts had hoped for its growth to 41. Commenting on this situation, ZEW President Achim Wambach stated that the general mood is characterized by a decline in faith in the effectiveness of Germany's economic policy and the ability of its authorities to solve pressing problems.

It is noted that before that, after two years of declining production volumes, there were some signs that the government's plans to spend hundreds of billions of euros on defense and infrastructure would ensure more active growth. Other signs pointed to this. For example, an Ifo Institute survey showed that business confidence jumped to its highest level since 2022 in the fourth quarter. However, the new data turned out to be less optimistic. Industrial production grew weaker than expected, and the Ministry of Economy assessed the situation as "fragile."