The ZEW Indicator of Economic Sentiment for Germany rose by 5.4 points from the previous month to 76.6 in March 2021, not far from September's 20-year high of 77.4 and slightly above market expectations of 74.0. Optimism surrounding the economic outlook continued to improve, with investors anticipating a broad-based recovery of the German economy and at least 70 percent of the population to be offered a COVID-19 vaccine by autumn. In addition, the survey showed inflation is seen increasing further and long-term interest rates are forecast to be higher. source: Centre for European Economic Research (ZEW)
Zew Economic Sentiment Index in Germany averaged 22.33 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 April of 2021.
Zew Economic Sentiment Index in Germany is expected to be 75.00 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 5.00 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.