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
Actual
N/D
Forecast
-5.8
Previous
34.2
Next release
Actual
Coming in 29 days
Forecast
—
Previous
—
Date (GMT)
Reference
Actual
Forecast
Previous
Sep 2026
34.7
-5.8
34.2
Aug 2026
34.2
—
26.3
Jul 2026
26.3
—
10.5
Jun 2026
10.5
—
-10.2
May 2026
-10.2
—
-17.2
Apr 2026
-17.2
—
-0.5
Mar 2026
-0.5
—
58.3
Feb 2026
58.3
—
59.6
Jan 2026
59.6
15.9
45.8
Dec 2025
45.8
—
38.5
Nov 2025
38.5
15.4
39.3
Oct 2025
39.3
17.6
37.3
Sep 2025
37.3
17.2
34.7
Aug 2025
34.7
17.2
52.7
Jul 2025
52.7
23.0
47.5
Jun 2025
47.5
22.5
25.2
May 2025
25.2
3.7
-14.0
Apr 2025
-14.0
43.2
51.6
Mar 2025
51.6
17.5
26.0
Feb 2025
26.0
10.7
10.3