The ZEW Indicator of Economic Sentiment for Germany rose sharply by 40.2 points from a month earlier to +16.9 in January 2023, returning into positive territory for the first time since February and remaining comfortably above market expectations of -15.0. The latest reading suggested the economic outlook for Europe's largest economy has improved significantly, likely due to a more favorable situation in the energy markets after the German government introduced energy price caps. In addition, export conditions improved after China’s lifted Covid-restrictions, and investors hope that inflation rates will continue to fall. About 41.6 percent of the surveyed analysts predicted an acceleration in economic activity over the coming months, while 33.7 percent of them expected no changes and 24.7 percent expected it to get worse. Meanwhile, the gauge measuring the current economic situation rose slightly by 2.8 points to -58.6. source: Centre for European Economic Research (ZEW)
ZEW Economic Sentiment Index in Germany averaged 21.39 points from 1991 until 2023, reaching an all time high of 89.60 points in January of 2000 and a record low of -63.90 points 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. Germany ZEW Economic Sentiment Index - data, historical chart, forecasts and calendar of releases - was last updated on January of 2023.
ZEW Economic Sentiment Index in Germany is expected to be 28.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany ZEW Economic Sentiment Index is projected to trend around 21.50 points in 2024 and 7.00 points in 2025, according to our econometric models.