The ZEW Indicator of Economic Sentiment for Germany fell to 79.8 in June of 2021 from an over 21-year high of 84.4 in May and well below market forecasts of 86 but still remains at a very high level. On a positive note, the indicator for the current economic situation jumped to -9.1 from -40.1, back to the pre-pandemic level of August 2019. Due to the very high economic expectations, the outlook is now much more positive than in summer 2019. source: Centre for European Economic Research (ZEW)
Zew Economic Sentiment Index in Germany averaged 22.80 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 June of 2021.
Zew Economic Sentiment Index in Germany is expected to be 85.10 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 12.00 in 12 months time. In the long-term, the Germany Zew Economic Sentiment Index is projected to trend around 9.00 in 2022 and 7.00 in 2023, according to our econometric models.