BERLIN (Reuters) – German investor morale improved more than expected in March, the ZEW economic research institute said on Tuesday, reporting an increase in its economic sentiment index to 51.6 points from 26.0 points in February.
Analysts polled by Reuters had pointed to a reading of 50.3.
The score, in a range from minus 100 to plus 100, is based on a survey of about 350 Germany-based financial analysts at banks, insurers and large industrial companies.
(Writing by Friederike Heine, Editing by Ludwig Burger)