German investor morale drops unexpectedly in February as economic recovery remains fragile

The ZEW indicator fell to 58.3 points this month despite expectations for a rise. While the current situation improved, structural challenges hinder growth.

On February 17, 2026, investor sentiment in Germany DEDE took an unexpected turn as the ZEW economic research institute reported that its investor morale index fell to 58.3 points for the month. This reading came in significantly below the 65.0 forecast by Reuters analysts and marked a decline from the 59.6 points recorded in January.
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, November 12, 2025. REUTERS/staff
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, November 12, 2025. REUTERS/staff
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