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German economic sentiment improved for the seventh month in a row in February, reaching a 1-year high, according to market experts. A barometer by the Centre for European Economic Research (ZEW) shows economic sentiment rose by 4.7 points compared to the previous month to 19.9 points. This is the highest level since February 2023. Analysts had only expected the economic indicator to rise to 17.3 points on average. In contrast, the assessment of the economic situation decreased significantly to the weakest level since June 2020. The corresponding index dropped to minus 81.7 from minus 7.3 a mon…

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