The ZEW Indicator of Economic Sentiment for Germany jumped 21.6 points from a month earlier to -22.5 in September 2019, recovering from its lowest level since December 2011 and easily beating market expectations of -37.0, as the rather strong fears that financial experts had in the previous month regarding a further intensification of the US-China trade conflict did not come true. In addition, hopes that a no deal Brexit can be avoided and the ECB's monetary policy stimulus also supported sentiment. Meanwhile, the assessment of the economic situation in Germany worsened by 6.4 points to -19.9 in September, the lowest since May 2010. Zew Economic Sentiment Index in Germany averaged 21.49 from 1991 until 2019, reaching an all time high of 89.60 in January of 2000 and a record low of -63.90 in July of 2008.

Zew Economic Sentiment Index in Germany is expected to be -22.50 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 -4.00 in 12 months time. In the long-term, the Germany Zew Economic Sentiment Index is projected to trend around -3.00 in 2020, according to our econometric models.

Germany Zew Economic Sentiment Index
width
height
 Preview
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us

Calendar GMT Actual Previous Consensus TEForecast
2019-06-18 09:00 AM ZEW Economic Sentiment Index Jun -21.1 -2.1 -5.9 -4
2019-07-16 09:00 AM ZEW Economic Sentiment Index Jul -24.5 -21.1 -22.3 -17.2
2019-08-13 09:00 AM ZEW Economic Sentiment Index Aug -44.1 -24.5 -28.5 -28
2019-09-17 09:00 AM ZEW Economic Sentiment Index Sep -22.5 -44.1 -37 -42
2019-10-15 09:00 AM ZEW Economic Sentiment Index Oct -22.5 -32
2019-11-12 10:00 AM ZEW Economic Sentiment Index Nov
2019-12-10 10:00 AM ZEW Economic Sentiment Index Dec -28


Germany Business Last Previous Highest Lowest Unit
Business Confidence 94.30 95.80 109.80 80.00 Index Points [+]
Services PMI 54.80 54.50 60.30 41.30 Index Points [+]
Manufacturing PMI 43.50 43.20 63.30 32.00 [+]
Composite Pmi 51.70 50.90 59.00 50.20 Index Points [+]
Industrial Production -4.20 -4.70 15.30 -21.80 percent [+]
Industrial Production Mom -0.60 -1.10 4.00 -6.90 percent [+]
Manufacturing Production -4.80 -5.60 15.50 -24.10 percent [+]
Capacity Utilization 83.90 85.40 88.70 70.20 percent [+]
New Orders 100.30 102.90 113.50 8.80 Index Points [+]
Factory Orders -2.70 2.70 27.10 -15.70 percent [+]
Changes in Inventories 1.80 -1.22 11.20 -8.55 EUR Billion [+]
Bankruptcies 1384.00 1670.00 3755.00 416.00 Companies [+]
Corporate Profits 182.21 183.77 187.97 92.45 EUR Billion [+]
Zew Economic Sentiment Index -22.50 -44.10 89.60 -63.90 [+]
Car Production 313200.00 359400.00 583399.00 265542.00 Units [+]
Car Registrations 313748.00 332788.00 552865.00 43460.00 [+]
Internet Speed 15298.72 14588.37 15298.72 3207.62 KBps [+]
IP Addresses 38794861.00 38344874.00 38794861.00 18134106.00 IP [+]
Mining Production -19.50 -20.50 46.60 -30.40 percent [+]
Steel Production 3360.00 3405.48 4744.00 907.00 Thousand Tonnes [+]
Competitiveness Index 82.84 82.64 82.84 5.37 Points [+]
Competitiveness Rank 3.00 3.00 7.00 3.00 [+]
Corruption Index 80.00 81.00 82.70 73.00 Points [+]
Corruption Rank 11.00 12.00 20.00 10.00 [+]
Ease of Doing Business 24.00 20.00 27.00 14.00 [+]


Germany Zew Economic Sentiment Index

In Germany, the ZEW Economic Sentiment Index measures the level of optimism that analysts have about the expected economic developments over the next 6 months. The survey covers up to 350 financial and economic analysts. The index is constructed as the difference between the percentage share of analysts that are optimistic and the percentage of analysts that are pessimistic about the development of the economy. Therefore, the ZEW indicator measures the confidence on a scale of -100 (all analysts expect the economy to deteriorate) up to 100 (all analysts expect it to improve). A 0 value indicates neutrality. 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 - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-22.50 -44.10 89.60 -63.90 1991 - 2019 Monthly




Country Last Previous
Euro Area -22.40 Sep/19
France -42.30 Aug/19
Germany -22.50 Sep/19
Italy -49.50 Aug/19
Switzerland -37.50 Aug/19
United Kingdom -80.60 Aug/19


Related
Latest