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German investor morale rises more than expected in January, ZEW finds

By Thomson Reuters Jan 20, 2026 | 4:10 AM

By Maria Martinez

BERLIN, Jan 20 (Reuters) – German investor morale rose strongly in ‍January, the ZEW economic research institute said on Tuesday, as expectations about Germany’s economic situation improve.

The index ‌rose to 59.6 ‌points in January. Analysts polled by Reuters had expected the January reading to rise to 50.0 ​points, from last month’s 45.8.

“The ZEW Index ‍is rising ​strongly, 2026 could mark ​a turning point,” said ‍ZEW president Achim Wambach.

The assessment of the current economic situation also improved, rising to minus 72.7 points ‍from minus 81.0 points in the previous month.

“Despite the positive ‍economic ‍sentiment, work should ​continue to strengthen the ​attractiveness ⁠of the location ‌in order to enable sustainable growth,” Wambach said.

(Reporting by Maria Martinez and Friederike HeineEditing by Ludwig Burger and ⁠Linda Pasquini)