India, July 15 -- German economic sentiment improved more than expected in July on hopes of a quick resolution to the US-EU tariff dispute and potential stimulus from the federal government, a monthly survey conducted by the think tank ZEW showed on Tuesday.

The ZEW Indicator of Economic Sentiment rose to 52.7 in July from 47.5 in the previous month. The reading was also above forecast of 50.8.

Similarly, the current situation index climbed sharply to -59.5 from -72.0 in the prior month. The score was seen at -65.5.

"Despite ongoing uncertainty due to global trade conflicts, nearly two-thirds of the experts expect the German economy to improve," ZEW President Achim Wambach said.

"Hopes for a quick resolution to the US-EU tariff dispute,...