Neil DennisA measure of economic sentiment for Germany showed conditions continued to improve in the eurozone's largest economy during November.
The ZEW indicator of economic confidence rose to 18.7 in November, up from 17.6 in October, but failed to reach the 20 level forecast by economists.
The assessment of the current economic situation in Germany also moved higher in November, hitting 88.8 points. This was up from 87 in October and beat expectations of a rise to 88.
Growth data
Growth and inflation data published earlier on Tuesday showed the German economy continued to thrive, with annual gross domestic product rising at a 2.8% pace in the third quarter.
PA Images"The prospects for the German economy remain encouragingly positive," said ZEW president Professor Achim Wambach (above).
"Overall high levels of growth across Europe in the third quarter are supporting further growth in Germany and boosting expectations for the coming six months.
"This favourable economic climate should be used to create a stronger and more robust basis for future growth."
Market reaction
The Xetra Dax index in Frankfurt was up 0.01% at 13,074.
