The ZEW Indicator of Economic Sentiment for Germany dropped 16.5 points from the previous month to 63.3 in July 2021, the lowest level since January and below market expectations of 75.2. It was the second monthly decline in investor confidence, after reaching in May its highest level in two decades, but still suggesting that the overall economic situation will be extraordinarily positive in the coming six months. About 67.2 percent of the surveyed analysts predicted an improvement in economic activity over the coming months, while 3.9 percent of them expected it to get worse and 28.9 percent expected no changes. The assessment of the economic situation in Germany jumped by 31.0 points to 21.9 points in July, and was back in positive territory for the first time in two years. source: Centre for European Economic Research (ZEW)
Zew Economic Sentiment Index in Germany averaged 22.92 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 August of 2021.
Zew Economic Sentiment Index in Germany is expected to be 25.00 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 15.00 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.