The ZEW Indicator of Economic Sentiment for Germany tumbled to -53.8 in July of 2022 from -28 in June, the lowest since December 2011 and well below market expectations of -38.3. The economic outlook deteriorated markedly due to concerns about the energy supply in Germany, the ECB’s announced interest rate hike and further pandemic-related restrictions in China. The current conditions subindex also deteriorated sharply to -45.8 from -27.6, missing forecasts of -34.5. source: Centre for European Economic Research (ZEW)
ZEW Economic Sentiment Index in Germany averaged 22.33 points from 1991 until 2022, reaching an all time high of 89.60 points in January of 2000 and a record low of -63.90 points 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 August of 2022.
ZEW Economic Sentiment Index in Germany is expected to be -59.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany ZEW Economic Sentiment Index is projected to trend around 15.00 points in 2023 and 7.00 points in 2024, according to our econometric models.