Germany Zew Economic Sentiment Index  Forecast


Zew Economic Sentiment Index in Germany is expected to be 17.50 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 18.80 in 12 months time. In the long-term, the Germany Zew Economic Sentiment Index is projected to trend around 25.30 in 2020, according to our econometric models.


Germany Zew Economic Sentiment Index
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Germany Business Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Business Confidence 115 116 116 116 116 105
Services PMI 55.6 52.4 53.6 53.8 54.2 53.3
Manufacturing PMI 60.6 58.8 58.2 58 57.9 54.9
Composite Pmi 57.7 54.9 55.4 55.6 55.7 53.1
Industrial Production 4.7 3.2 3.3 3.2 3 2.2
Industrial Production Mom 2.6 0.8 -0.6 0.4 -0.7 0.6
Manufacturing Production 5.3 3 3.2 3.1 2.8 2.4
Capacity Utilization 86.7 86.2 86.4 86.4 84.32 86.2
New Orders 120 120 116 115 114 126
Factory Orders 3.6 2.5 -0.8 1 -1.7 0.6
Changes in Inventories -5.48 -2.89 -2.25 -1.48 -1.13 -0.06
Bankruptcies 1633 1870 1910 1890 1800 1750
Corporate Profits 189 199 202 205 207 235
Zew Economic Sentiment Index 17.6 17.5 19.2 20.2 18.8 25.3
Car Production 522780 369000 567000 522000 545000 393000
Car Registrations 288035 262000 364000 325000 308000 287000
Competitiveness Index 5.65 5.57 5.63 5.63 5.63 5.87
Competitiveness Rank 5 5 4 4 4 3
Corruption Index 81 82 83 83 83 85
Corruption Rank 10 9 8 8 8 7
Ease of Doing Business 17 16 15 15 15 13
Steel Production 3629 3000 3880 3720 3280 3050
Mining Production 1.5 0.8 1.2 1.5 1.7 1.9