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
19 Sept 2017
Sep 2017
17.0
—
10.0
22 Aug 2017
Aug 2017
10.0
—
17.5
18 Jul 2017
Jul 2017
17.5
—
18.6
13 Jun 2017
Jun 2017
18.6
—
20.6
16 May 2017
May 2017
20.6
—
19.5
11 Apr 2017
Apr 2017
19.5
—
12.8
14 Mar 2017
Mar 2017
12.8
—
10.4
14 Feb 2017
Feb 2017
10.4
—
16.6
17 Jan 2017
Jan 2017
16.6
—
13.8
13 Dec 2016
Dec 2016
13.8
—
13.8
15 Nov 2016
Nov 2016
13.8
—
6.2
11 Oct 2016
Oct 2016
6.2
—
0.5
13 Sept 2016
Sep 2016
0.5
—
0.5
16 Aug 2016
Aug 2016
0.5
—
-6.8
19 Jul 2016
Jul 2016
-6.8
—
19.2
21 Jun 2016
Jun 2016
19.2
—
6.4
24 May 2016
May 2016
6.4
—
11.2
19 Apr 2016
Apr 2016
11.2
—
4.3
22 Mar 2016
Mar 2016
4.3
—
1.0
16 Feb 2016
Feb 2016
1.0
—
10.2