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 Sept 2012
Sep 2012
-18.2
—
-25.5
14 Aug 2012
Aug 2012
-25.5
—
-19.6
17 Jul 2012
Jul 2012
-19.6
—
-16.9
19 Jun 2012
Jun 2012
-16.9
—
10.8
15 May 2012
May 2012
10.8
—
23.4
17 Apr 2012
Apr 2012
23.4
—
22.3
13 Mar 2012
Mar 2012
22.3
—
5.4
14 Feb 2012
Feb 2012
5.4
—
-21.6
17 Jan 2012
Jan 2012
-21.6
—
-53.8
13 Dec 2011
Dec 2011
-53.8
—
-55.2
15 Nov 2011
Nov 2011
-55.2
—
-48.3
18 Oct 2011
Oct 2011
-48.3
—
-43.3
20 Sept 2011
Sep 2011
-43.3
—
-37.6
23 Aug 2011
Aug 2011
-37.6
—
-15.1
19 Jul 2011
Jul 2011
-15.1
—
-9.0
21 Jun 2011
Jun 2011
-9.0
—
3.1
17 May 2011
May 2011
3.1
—
7.6
12 Apr 2011
Apr 2011
7.6
—
14.1
15 Mar 2011
Mar 2011
14.1
—
15.7
15 Feb 2011
Feb 2011
15.7
—
15.4