According to Jinshi, Germany's ZEW economic sentiment index rose from 42.9 in April to 47.1 in May, exceeding market expectations. This is the 10th consecutive month of increase in the indicator, reflecting consumers' optimism about the resumption of growth in the German economy. Despite continued weakness in Germany's important manufacturing sector, consumers are expected to be the key force behind the economic recovery this year. The European Central Bank's interest rate cut is expected to ease some pressure, and its impact will not be apparent until later this year. Analysts also expect global demand to boost German exports.
