Germany's investor sentiment hits 13-month high in March: ZEW

FRANKFURT (AFP) - Investor sentiment in Germany rose for the fifth month in a row to reach a 13-month high in March, driven by positive domestic economic data, a survey found on Tuesday.

The widely watched investor confidence index calculated by the ZEW economic institute rose by 1.8 points to 54.8 points in March, its highest level since February 2014, ZEW said in a statement.