Euro Area Zew Economic Sentiment Index  Forecast


Euro Area Zew Economic Sentiment Index
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Zew Economic Sentiment Index in Euro Area is expected to be 29.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Zew Economic Sentiment Index in Euro Area to stand at 26.00 in 12 months time. In the long-term, the Euro Area Zew Economic Sentiment Index is projected to trend around 32.00 in 2020, according to our econometric models.


Euro Area Business Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Business Confidence 1.49 1.05 1.02 0.98 0.95 1
Manufacturing PMI 60.6 57.7 57.5 56.8 57 53.1
Services PMI 56.5 55.9 55.7 55.4 55.2 53.3
Composite Pmi 58 55.9 56.4 56.3 55.9 51.9
Industrial Production 3.7 3.1 3.3 3.2 3.4 2.4
Industrial Production Mom 0.2 0.4 0.2 0.3 0.3 0.1
Manufacturing Production 4.4 3.7 3.6 3.4 3.2 3.9
Capacity Utilization 83.8 82.9 83 83.1 83.2 84.8
Changes In Inventories 10.12 9.23 9.1 8.04 6.86 6.42
Zew Economic Sentiment Index 29 29 25 24 26 32
Car Registrations 906 904 908 871 902 948
Mining Production -5.2 0.4 1.5 2 1.9 2.1