FRANKFURT, Germany, Sept. 17 (Xinhua) -- The eurozone economic sentiment rose sharply by 14.6 from August to 58.6 in September, the fifth consecutive increase, data from the Centre for European Economic Research (ZEW) showed on Tuesday.
The ZEW Indicator of Economic Sentiment for Germany has increased by 7.6 points in September, standing at 49.6 points, the highest level since April 2010.
"The financial market experts hold the view that the German economy is still gaining momentum. In particular, the experts' economic optimism has increased due to the improved economic outlook for the eurozone - although recently released economic data for Germany have fallen short of expectations," said ZEW President Clemens Fuest.
In addition, the ZEW indicator for the current economic situation in the eurozone and Germany has increased by 14.4 and 12.3 points respectively to a level of minus 59.7 points and 30.6 points.