The ZEW Indicator of Economic Sentiment for Germany edged up by 9.4 points from the previous month to 71.2 in February of 2021, well above market forecasts of 59.6. It is the highest reading since September as markets are optimistic about the future and that the German economy will be back on the growth track within the next six months. In particular, consumption and retail trade are expected to recover significantly, accompanied by higher inflation expectations. The current conditions index however, fell to -67.2 from -66.4. source: Centre for European Economic Research (ZEW)
Zew Economic Sentiment Index in Germany averaged 22.18 from 1991 until 2021, reaching an all time high of 89.60 in January of 2000 and a record low of -63.90 in July of 2008. This page provides the latest reported value for - Germany Zew Economic Sentiment Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Germany Zew Economic Sentiment Index - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.
Zew Economic Sentiment Index in Germany is expected to be 1.00 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 Germany to stand at 5.00 in 12 months time. In the long-term, the Germany Zew Economic Sentiment Index is projected to trend around 9.00 in 2022, according to our econometric models.