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Indicator of Economic Sentiment climbed to 38.5 from
Meanwhile, the current conditions measure dropped to 8.6 from 8.9. The index was expected to rise to 9.5.
"The financial experts stick to their assessment: the German economy is likely to pick up speed in the second half of 2013," ZEW President Clemens Fuest said.
"However, the results of the current survey indicate that the economy will improve rather slowly."
Nearly half of the survey respondents expect no significant economic impulses in the next six months, Fuest added.
economic sentiment index for Eurozone climbed three points to
|remaining time till the new event being published|
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