Euro Area Zew Economic Sentiment Index  Forecast


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.


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Euro Area Business Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Business Confidence 1.34 1.05 1.02 0.98 0.95 1
Manufacturing PMI 58.1 57.7 57.5 56.8 57 53.1
Services PMI 55.8 55.9 55.7 55.4 55.2 53.3
Composite Pmi 56.7 56.5 56.4 56.3 55.9 51.9
Industrial Production 3.8 3.1 3.3 3.2 3.4 2.4
Industrial Production Mom 1.4 0.4 0.2 0.3 0.3 0.1
Manufacturing Production 3.4 3.7 3.6 3.4 3.2 3.9
Capacity Utilization 83.2 82.9 83 83.1 83.2 84.8
Changes In Inventories 3.48 4.08 4.59 5.35 5.89 5.9
Zew Economic Sentiment Index 26.7 29 25 24 26 32
Car Registrations 934 904 908 871 902 948
Mining Production 9.3 0.4 1.5 2 1.9 2.1