ZEW Germany Economic Situation

Country:
Germany
EUR, Euro
Sector:
Business
Medium -24.7 -35.9
-25.3
Last release Importance Actual Forecast
Previous
-25.2
-24.7
Next release Actual Forecast
Previous
  • Overview
  • Chart
  • History
  • Widget

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. In other words, they merely assess whether they think the current situation is "good" or "bad".

The results of the financial market test are then used to determine the index values of the ZEW economic situation, which is an early indicator of the economic situation in Germany, comparable with the IFO Indicator of Economic Sentiment.

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 Situation" 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
-24.7
-35.9
-25.3
Oct 2019
-25.3
-23.2
-19.9
Sep 2019
-19.9
-3.2
-13.5
Aug 2019
-13.5
13.6
-1.1
Jul 2019
-1.1
18.1
7.8
Jun 2019
7.8
11.1
8.2
May 2019
8.2
2.7
5.5
Apr 2019
5.5
-1.4
11.1
Mar 2019
11.1
9
15
Feb 2019
15
30.6
27.6
Jan 2019
27.6
52
45.3
Dec 2018
45.3
65.9
58.2
Nov 2018
58.2
65.9
70.1
Oct 2018
70.1
76
Sep 2018
76
72.6
Aug 2018
72.6
72.4
Jul 2018
72.4
80.6
Jun 2018
80.6
87.4
May 2018
87.4
87.9
Apr 2018
87.9
90.7
Mar 2018
90.7
92.3
Feb 2018
92.3
95.2
Jan 2018
95.2
89.3
Dec 2017
89.3
88.8
Nov 2017
88.8
87
Oct 2017
87
87.9
Sep 2017
87.9
86.7
Aug 2017
86.7
86.4
Jul 2017
86.4
88
Jun 2017
88
83.9
May 2017
83.9
80.1
Apr 2017
80.1
77.3
Mar 2017
77.3
76.4
Feb 2017
76.4
77.3
Jan 2017
77.3
63.5
Dec 2016
63.5
58.8
Nov 2016
58.8
59.5
Oct 2016
59.5
55.1
Sep 2016
55.1
57.6
Aug 2016
57.6
49.8
Jul 2016
49.8
54.5
Jun 2016
54.5
53.1
May 2016
53.1
47.7
Apr 2016
47.7
50.7
Mar 2016
50.7
52.3
Feb 2016
52.3
59.7
Jan 2016
59.7
55
Dec 2015
55
54.4
Nov 2015
54.4
55.2
Oct 2015
55.2
67.5

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.

Display area

Widget type

Display information

Default calendar period

Widget language

Date format

Your embed code

Copy widget codeCopied

Preview