The ZEW Indicator of Economic Sentiment for Germany fell by 14.1 points from the previous month to -24.7 in October of 2018, much worse than market expectations of -12. The indicator reached the same level as in July, being at its lowest reading since August 2012. Also, the decline of 14.1 points was very strong and only once in the recent past the indicator fell more, namely after the Brexit vote in July of 2016. The gauge measuring the assessment of the current situation in the country also went down by 5.9 to 70.1. Trade disputes between China and the US are the main factor affecting expectations while a 'hard' Brexit is also seen hurting the economy and exports and an unstable governing coalition in Germany also weighed on economic sentiment. Zew Economic Sentiment Index in Germany averaged 22.80 from 1991 until 2018, reaching an all time high of 89.60 in January of 2000 and a record low of -63.90 in July of 2008.

Germany Zew Economic Sentiment Index
width
height
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.


Calendar GMT Actual Previous Consensus TEForecast
2018-08-14 09:00 AM ZEW Economic Sentiment Index -13.7 -24.7 -20.7 -17.7
2018-09-11 09:00 AM ZEW Economic Sentiment Index -10.6 -13.7 -14.0 -10.4
2018-10-16 09:00 AM ZEW Economic Sentiment Index -24.7 -10.6 -12 -7.2
2018-11-13 10:00 AM ZEW Economic Sentiment Index -24.7 -25 -20.4
2018-12-11 10:00 AM ZEW Economic Sentiment Index 5.1


Germany Business Last Previous Highest Lowest Unit
Business Confidence 102.80 103.70 109.80 80.10 Index Points [+]
Services PMI 54.70 55.90 60.30 41.30 Index Points [+]
Manufacturing PMI 52.20 53.70 63.30 32.00 [+]
Composite Pmi 53.40 55.00 59.00 50.20 Index Points [+]
Industrial Production 0.80 0.20 15.30 -21.80 percent [+]
Industrial Production Mom 0.20 0.10 4.00 -6.90 percent [+]
Manufacturing Production 0.20 -0.50 15.50 -24.10 percent [+]
Capacity Utilization 87.10 87.70 88.70 70.20 percent [+]
New Orders 107.50 106.70 113.80 8.80 Index Points [+]
Factory Orders 0.30 2.50 27.10 -15.70 percent [+]
Changes in Inventories 3.19 -2.92 9.68 -11.34 EUR Billion [+]
Bankruptcies 1641.00 1603.00 3755.00 416.00 Companies [+]
Corporate Profits 201.20 198.20 201.20 91.05 EUR Billion [+]
Zew Economic Sentiment Index -24.70 -10.60 89.60 -63.90 [+]
Car Production 442500.00 401800.00 583399.00 265542.00 Units [+]
Car Registrations 252628.00 200134.00 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 -12.70 -10.30 46.60 -30.40 percent [+]
Steel Production 3775.00 3900.00 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 81.00 81.00 82.70 73.00 Points [+]
Corruption Rank 12.00 10.00 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 November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-24.70 -10.60 89.60 -63.90 1991 - 2018 Monthly




Country Last
Euro Area -19.40 Oct/18
France -11.70 Oct/18
Germany -24.70 Oct/18
Italy -43.40 Oct/18
Switzerland -39.10 Oct/18
United Kingdom -67.90 Oct/18


Related

Latest