Germany Zew Economic Sentiment Index

Last Release

Mar 31, 2025

Actual

51.6

Units In

N/A

Frequency

Monthly

Next Release

Apr 15, 2025

Time to Release

25 Days 23 Hours

Highest	Lowest	Average	Date Range	Source
89.6 Jan 2000	-63.9 Jul 2008	21	1991-2025	Centre for European Economic Research (ZEW)

In Germany, the ZEW Economic Sentiment Index measures the level of optimism that analysts have about the expected economic developments over the next 6 months. The survey covers up to 350 financial and economic analysts. The index is constructed as the difference between the percentage share of analysts that are optimistic and the percentage of analysts that are pessimistic about the development of the economy. Therefore, the ZEW indicator measures the confidence on a scale of -100 (all analysts expect the economy to deteriorate) up to 100 (all analysts expect it to improve). A 0 value indicates neutrality.

Latest Updates

The ZEW Indicator of Economic Sentiment for Germany jumped to 51.6 in March 2025, the highest level since February 2022, compared to 26 in the previous month and forecasts of 48.1. The assessment of the current economic situation edged up slightly to -87.6 from -88.5."Positive signals surrounding Germany’s fiscal policy, including the agreement on a multibillion-euro financial package for the federal budget, have likely contributed to improving market sentiment. Notably, the outlook for metal, machinery, and steel production is showing signs of recovery. Additionally, the ECB’s sixth consecutive interest rate cut is further enhancing financing conditions for both households and businesses," commented ZEW President Prof. Achim Wambach.