The ZEW Indicator of Economic Sentiment for the Euro Area plunged to -53.8 in July of 2022, from -28 in the previous month. It was the lowest reading since December of 2011, as the economic outlook is expected to worsen amid ongoing concerns about the energy crisis in Europe, the ECB's looming hawkish stance and fresh pandemic restrictions in China. At the same time, the indicator of the current economic situation slipped by 18 points to -44.4 while inflation expectations rose by 6.8 points to -25.6. source: Centre for European Economic Research (ZEW)
ZEW Economic Sentiment Index in the Euro Area averaged 23.29 from 1999 until 2022, reaching an all time high of 89.90 in January of 2000 and a record low of -63.70 in July of 2008. This page provides the latest reported value for - Euro Area Zew Economic Sentiment Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area ZEW Economic Sentiment Index - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.
ZEW Economic Sentiment Index in Euro Area is expected to be -44.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area ZEW Economic Sentiment Index is projected to trend around 19.00 in 2023 and 23.00 in 2024, according to our econometric models.