The ZEW Indicator of Economic Sentiment for Germany fell 18 points from the previous month to 8.7 in February 2020, well below market forecasts of 21.5. The feared negative effects of the coronavirus outbreak on world trade caused a considerable deterioration on sentiment. Additionally, expectations regarding the export-intensive sectors development dropped sharply. Meantime, the assessment of the economic situation also weakened, with the corresponding indicator declining 6.2 points to -15.7. Germany Zew Economic Sentiment Index - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Zew Economic Sentiment Index in Germany averaged 21.24 from 1991 until 2020, 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. source: Centre for European Economic Research (ZEW)
Zew Economic Sentiment Index in Germany is expected to be 12.00 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 -4.00 in 12 months time. In the long-term, the Germany Zew Economic Sentiment Index is projected to trend around -3.00 in 2021, according to our econometric models.