The ZEW Indicator of Economic Sentiment for Germany fell by 5.9 points from the previous month to 70.7 in April 2021, not far from September's 20-year high of 77.4 but well below market expectations of 79.0. It was the first time since November that the indicator has dropped as fears of a stricter lockdown have led to a decline in expectations for private consumption. Still, the outlook for exports was better than in the previous month. About 76 percent of the surveyed analysts predicted an improvement in economic activity over the next six months, while 5 percent expected it to deteriorate and 19 percent saw no changes. Meanwhile, the assessment of the economic situation increased by 12.2 points to -48.8, roughly the same level as in March 2020. source: Centre for European Economic Research (ZEW)
Zew Economic Sentiment Index in Germany averaged 22.47 from 1991 until 2021, 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. Germany Zew Economic Sentiment Index - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.
Zew Economic Sentiment Index in Germany is expected to be 30.00 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 12.00 in 12 months time. In the long-term, the Germany Zew Economic Sentiment Index is projected to trend around 9.00 in 2022 and 7.00 in 2023, according to our econometric models.