ZEW Germany Economic Sentiment Indicator

Country:
Germany
EUR, Euro
Sector:
Business
High -2.1 -22.7
-22.8
Last release Importance Actual Forecast
Previous
-12.4
-2.1
Next release Actual Forecast
Previous
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Since 1991, up to 300 experts from banks, insurance companies and finance departments of selected large companies (270 banks, 50 insurance companies and corporations and 30 large industrial enterprises) have been questioned monthly about their medium-term assessments and forecasts of important international financial market data as part of the ZEW Financial Market Test. The ZEW Financial Market Test captures the prevailing mood among German financial analysts. The most important international financial indicators are the subject of this survey: Inflation rates, interest rates, stock indices, exchange rates and the oil price.

In their answers, the financial market experts should only give qualitative estimates of trends with regard to the direction of change. This means that they merely assess whether, in their opinion, long-term interest rates, for example, will rise (+), fall (-) or remain more or less constant (=) in the next 6 months, for the situation indicators they ask for "good" and "bad" and for the expectations for "improve" or "deteriorate".

The ZEW Indicator of Economic Sentiment is an early indicator of the economic situation in Germany, comparable to the IFO business expectations.

The results of the ZEW Financial Market Test are published and commented on in the Financial Market Report. In addition, the results of the survey are regularly published in the press in the form of indicators and forecasts. The Reuters information service also publishes the aggregated survey results.

Index growth can have a positive impact on euro exchange rates.

Last values:

actual data

forecast

The chart of the entire available history of the "ZEW Germany Economic Sentiment Indicator" macroeconomic indicator. The dashed line shows the forecast values ​​of the economic indicator for the specified dates.

A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values ​​of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.

Date (GMT)
Reference
Actual
Forecast
Previous
Nov 2019
-2.1
-22.7
-22.8
Oct 2019
-22.8
-33.4
-22.5
Sep 2019
-22.5
-34.7
-44.1
Aug 2019
-44.1
-22.9
-24.5
Jul 2019
-24.5
-11.6
-21.1
Jun 2019
-21.1
0.5
-2.1
May 2019
-2.1
-0.2
3.1
Apr 2019
3.1
-8.5
-3.6
Mar 2019
-3.6
-14.2
-13.4
Feb 2019
-13.4
-16.3
-15
Jan 2019
-15
-20.8
-17.5
Dec 2018
-17.5
-24.5
-24.1
Nov 2018
-24.1
-24.5
-24.7
Oct 2018
-24.7
-10.6
Sep 2018
-10.6
-13.7
Aug 2018
-13.7
-24.7
Jul 2018
-24.7
-16.1
Jun 2018
-16.1
-8.2
May 2018
-8.2
-8.2
Apr 2018
-8.2
5.1
Mar 2018
5.1
17.8
Feb 2018
17.8
20.4
Jan 2018
20.4
17.4
Dec 2017
17.4
18.7
Nov 2017
18.7
17.6
Oct 2017
17.6
17
Sep 2017
17
10
Aug 2017
10
17.5
Jul 2017
17.5
18.6
Jun 2017
18.6
20.6
May 2017
20.6
19.5
Apr 2017
19.5
12.8
Mar 2017
12.8
10.4
Feb 2017
10.4
16.6
Jan 2017
16.6
13.8
Dec 2016
13.8
13.8
Nov 2016
13.8
6.2
Oct 2016
6.2
0.5
Sep 2016
0.5
0.5
Aug 2016
0.5
-6.8
Jul 2016
-6.8
19.2
Jun 2016
19.2
6.4
May 2016
6.4
11.2
Apr 2016
11.2
4.3
Mar 2016
4.3
1
Feb 2016
1
10.2
Jan 2016
10.2
16.1
Dec 2015
16.1
10.4
Nov 2015
10.4
1.9
Oct 2015
1.9
12.1

Economic calendar widget for your website

Create your own calendar of economic events. To do this, simply specify its size and display period. You can freely use this widget on your websites. In return, we ask you to keep the provided code unchanged.

The Calendar data are provided as is. The economic news release frequency and schedule, as well as the economic parameters' values may change without our knowledge. You can use the provided information, but you accept all the risks associated with making trade decisions based on the Calendar data.

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