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Economic sentiment rose in Germany during May, following on from a rise in April, the ZEW economic research centre reported on Tuesday. The forward-looking ZEW indicator rose by 4.2 points to 47.1, beating analysts’ expectations and coming in at the highest level since the Russian invasion of Ukraine in February 2022, the Mannheim-based institute said. Analysts had predicted a rise to 46.4. The ZEW’s indicator on the assessment of the current economic situation in Germany also rose. The rise of 6.9 points took the indicator to minus 72.3. Analysts had forecast a rise to minus 75.9. Confidence …

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