Germany Zew Economic Sentiment Index

Last Release

Feb 28, 2025

Actual

Units In

N/A

10.3

Frequency

Monthly

Next Release

Mar 18, 2025

Time to Release

26 Days 9 Hours

Highest	Lowest	Average	Date Range	Source
89.6 Jan 2000	-63.9 Jul 2008	20.93	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 surged 15.7 points to +26 in February 2025, surpassing market expectations of +20 and reaching its highest level since July 2024. It also marked the largest increase in investor confidence since January 2023, ahead of the federal election, as optimism grew that the new German government would be capable of action. Private consumption is expected to gain momentum over the next six months following a period of sluggish demand, while the European Central Bank’s recent interest rate cut and signals of further monetary easing have improved the outlook for the construction sector. Meanwhile, the assessment of Germany’s current economic situation remained largely unchanged at a low level, with the corresponding indicator edging up 1.9 points to -88.5.