ZEW Economic Sentiment Indicator is calculated monthly by the Center of European Economic Research on the basis of a survey of around 300 experts from banks, insurance companies and financial departments of corporations. The survey participants are asked about their expectations concerning the economy, inflation rates, interest rates, stock markets, and oil prices for the next six months. The index reflects the sentiment of institutional investors. Index growth may have a positive impact on euro quotes.
ZEW Germany Economic Sentiment Indicator
Last release
20 Jan 2026 10:05 GMT
Actual
59.6
Forecast
15.9
Previous
45.8
Date (GMT)
Reference
Actual
Forecast
Previous
18 Jan 2011
Jan 2011
15.4
—
4.3
14 Dec 2010
Dec 2010
4.3
—
1.8
16 Nov 2010
Nov 2010
1.8
—
-7.2
19 Oct 2010
Oct 2010
-7.2
—
-4.3
14 Sept 2010
Sep 2010
-4.3
—
14.0
17 Aug 2010
Aug 2010
14.0
—
21.2
13 Jul 2010
Jul 2010
21.2
—
28.7
15 Jun 2010
Jun 2010
28.7
—
45.8
18 May 2010
May 2010
45.8
—
53.0
20 Apr 2010
Apr 2010
53.0
—
44.5
16 Mar 2010
Mar 2010
44.5
—
45.1
16 Feb 2010
Feb 2010
45.1
—
47.2
19 Jan 2010
Jan 2010
47.2
—
50.4
15 Dec 2009
Dec 2009
50.4
—
51.1
10 Nov 2009
Nov 2009
51.1
—
56.0
13 Oct 2009
Oct 2009
56.0
—
57.7
15 Sept 2009
Sep 2009
57.7
—
56.1
18 Aug 2009
Aug 2009
56.1
—
39.5
14 Jul 2009
Jul 2009
39.5
—
44.8
16 Jun 2009
Jun 2009
44.8
—
31.1