The ZEW Indicator of Economic Sentiment for the Euro Area surged by 40.3 points to 16.7 in January of 2023, bouncing back into positive territory for the first time since February 2022. In January, 43 percent of the surveyed analysts expected an improvement in economic activity, 30.7 percent expected no changes while 26.3 percent predicted a deterioration. In addition, the indicator of the current economic situation went up by 2.6 points to -54.8 and inflation expectations fell by 4.4 points to 83.7. source: Centre for European Economic Research (ZEW)
ZEW Economic Sentiment Index in Euro Area averaged 22.06 points from 1999 until 2023, reaching an all time high of 89.90 points in January of 2000 and a record low of -63.70 points in July of 2008. This page provides the latest reported value for - Euro Area Zew Economic Sentiment Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area ZEW Economic Sentiment Index - data, historical chart, forecasts and calendar of releases - was last updated on January of 2023.
ZEW Economic Sentiment Index in Euro Area is expected to be 22.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area ZEW Economic Sentiment Index is projected to trend around 25.00 points in 2024 and 18.00 points in 2025, according to our econometric models.