The Sentix Investor Confidence index, which surveys 1,600 financial analysts and institutional investors, rose to 13.9 this month from 13.3 in February. Estimates had been for a bigger pick up, to 14.0, though.
Sentix called the result "robust but heterogeneous". It said:
While the economic situation is again judged better investors their expectations since September... for Germany, the economic cycle is more advanced. Here on the expectations for the third time in a row, indicating a trend reversal in the rule.