German Investor Confidence Just Surged Out Of Negative Territory
Nov 18, 2014, 15:32 IST
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Analysts had expected the "economic sentiment" part of the index to rise just out of negative territory for November, to 0.5, from -3.6 in October.
In reality, it hit 11.5. Last month was the first in negative territory for nearly two years, but this month's figure has soared well away from zero.
The figures come after Germany's Q3 GDP growth was confirmed at a dismal 0.1%, barely avoiding a technical recession.