ZEW Survey - Economic Sentiment
Date Actual Forecast Prev
16-04-24 09:00 42.9 35.1 31.7
19-03-24 10:00 31.7 20.6 19.9
13-02-24 10:00 19.9 17.4 15.2
16-01-24 10:00 15.2 12.1 12.8
12-12-23 10:00 12.8 8.8 9.8
14-11-23 10:00 9.8 5 -1.1
17-10-23 09:00 -1.1 -9.3 -11.4
12-09-23 09:00 -11.4 -15 -12.3
15-08-23 09:00 -12.3 -14.7 -14.7
11-07-23 09:00 -14.7 -10.5 -8.5
13-06-23 09:00 -8.5 -13.1 -10.7
16-05-23 09:00 -10.7 -5.3 4.1
18-04-23 09:00 4.1 15.3 13
21-03-23 10:00 13.0 17.1 28.1
21-02-23 10:00 28.1 22 16.9
17-01-23 10:00 16.9 -15 -23.3
13-12-22 10:00 -23.3 -26.4 -36.7
15-11-22 10:00 -36.7 -50 -59.2
18-10-22 09:00 -59.2 -65.7 -61.9
13-09-22 09:00 -61.9 -60 -55.3
16-08-22 09:00 -55.3 -53.8 -53.8
12-07-22 09:00 -53.8 -38.3 -28
14-06-22 09:00 -28.0 -27.5 -34.3
10-05-22 09:00 -34.3 -42 -41
12-04-22 09:00 -41 -48 -39.3
15-03-22 10:00 -39.3 10 54.3
15-02-22 10:00 54.3 55 51.7
18-01-22 10:00 51.7 32 29.9
07-12-21 10:00 29.9 25.1 31.7
09-11-21 10:00 31.7 20 22.3
12-10-21 09:00 22.3 24 26.5
07-09-21 09:00 26.5 30 40.4
10-08-21 09:00 40.4 56.7 63.3
06-07-21 09:00 63.3 75.2 79.8
08-06-21 09:00 79.8 86 84.4
11-05-21 09:00 84.4 72 70.7
13-04-21 09:00 70.7 79 76.6
16-03-21 10:00 76.6 74 71.2
16-02-21 10:00 71.2 59.6 61.8
19-01-21 10:00 61.8 60 55.0
08-12-20 10:00 55.0 45.5 39
10-11-20 10:00 39 41.7 56.1
13-10-20 09:00 56.1 73 77.4
15-09-20 09:00 77.4 69.8 71.5
11-08-20 09:00 71.5 58 59.3
14-07-20 09:00 59.3 60 63.4
16-06-20 09:00 63.4 60 51
19-05-20 09:00 51 32 28.2
21-04-20 09:00 28.2 -41 -49.5
17-03-20 10:00 -49.5 -26.4 8.7
18-02-20 10:00 8.7 21.5 26.7
21-01-20 10:00 26.7 15 10.7
10-12-19 10:00 10.7 0.3 -2.1
12-11-19 10:00 -2.1 -13 -22.8
15-10-19 09:00 -22.8 -27 -22.5
17-09-19 09:00 -22.5 -37 -44.1
13-08-19 09:00 -44.1 -28.5 -24.5
16-07-19 09:00 -24.5 -22.3 -21.1
18-06-19 09:00 -21.1 -5.9 -2.1
14-05-19 09:00 -2.1 5 3.1
16-04-19 09:00 3.1 0.8 -3.6
19-03-19 10:00 -3.6 -11 -13.4
19-02-19 10:00 -13.4 -14 -15.0
22-01-19 10:00 -15.0 -18.4 -17.5
11-12-18 10:00 -17.5 -25 -24.1
13-11-18 10:00 -24.1 -25 -24.7
16-10-18 09:00 -24.7 -12 -10.6
11-09-18 09:00 -10.6 -14.0 -13.7
14-08-18 09:00 -13.7 -20.7 -24.7
10-07-18 09:00 -24.7 -18 -16.1
12-06-18 09:00 -16.1 -14 -8.2
15-05-18 09:00 -8.2 -8.2 -8.2
17-04-18 09:00 -8.2 -1.0 5.1
20-03-18 10:00 5.1 13.1 17.8
20-02-18 10:00 17.8 16.0 20.4
23-01-18 10:00 20.4 17.8 17.4
12-12-17 10:00 17.4 18.0 18.7
14-11-17 10:00 18.7 20.0 17.6
17-10-17 09:00 17.6 20 17
19-09-17 09:00 17.0 12.5 10
22-08-17 09:00 10 15 17.5
18-07-17 09:00 17.5 18 18.6
13-06-17 09:00 18.6 21.5 20.6
16-05-17 09:00 20.6 22 19.5
11-04-17 09:00 19.5 14 12.8
14-03-17 10:00 12.8 13.1 10.4
14-02-17 10:00 10.4 15 16.6
17-01-17 10:00 16.6 18.3 13.8
13-12-16 10:00 13.8 14 13.8
15-11-16 10:00 13.8 8.1 6.2
11-10-16 09:00 6.2 4.3 0.5
13-09-16 09:00 0.5 2.5 0.5
16-08-16 09:00 0.5 2 -6.8
19-07-16 09:00 -6.8 9.1 19.2
21-06-16 09:00 19.2 4.7 6.4
24-05-16 09:00 6.4 12 11.2
19-04-16 09:00 11.2 8 4.3
22-03-16 10:00 4.3 5 1
16-02-16 10:00 1 0 10.2
19-01-16 10:00 10.2 9 16.1
15-12-15 10:00 16.1 15 10.4
17-11-15 10:00 10.4 6 1.9
13-10-15 09:00 1.9 6 12.1
15-09-15 09:00 12.1 18.4 25
11-08-15 09:00 25 32 29.7
14-07-15 09:00 29.7 30 31.5
16-06-15 09:00 31.5 37.1 41.9
19-05-15 09:00 41.9 49 53.3
21-04-15 09:00 53.3 56.0 54.8
17-03-15 10:00 54.8 58.9 53.0
17-02-15 10:00 53.0 56.2 48.4
20-01-15 10:00 48.4 40.1 34.9
16-12-14 10:00 34.9 19.8 11.5
18-11-14 10:00 11.5 0.9 -3.6
14-10-14 09:00 -3.6 0.2 6.9
16-09-14 09:00 6.9 5.2 8.6
12-08-14 09:00 8.6 18.2 27.1
15-07-14 09:00 27.1 33.4 29.8
17-06-14 09:00 29.8 35.2 33.1
13-05-14 09:00 33.1 41.3 43.2
15-04-14 09:00 43.2 46.3 46.6
18-03-14 10:00 46.6 52.8 55.7
18-02-14 10:00 55.7 61.3 61.7
21-01-14 10:00 61.7 63.4 62.0
17-12-13 10:00 62.0 55.3 54.6
19-11-13 10:00 54.6 54.6 52.8
15-10-13 09:00 52.8 49.2 49.6
17-09-13 09:00 49.6 45.3 42.0
13-08-13 09:00 42 40.3 36.3
16-07-13 09:00 36.3 39.9 38.5
18-06-13 09:00 38.5 38.2 36.4
14-05-13 09:00 36.4 39.5 36.3
16-04-13 09:00 36.3 41.5 48.5
19-03-13 10:00 48.5 47.9 48.2
19-02-13 10:00 48.2 35.3 31.5
22-01-13 10:00 31.5 12.2 6.9
11-12-12 10:00 6.9 -11.4 -15.7
13-11-12 10:00 -15.7 -10.1 -11.5
16-10-12 09:00 -11.5 -14.6 -18.2
18-09-12 09:00 -18.2 -19.4 -25.5
14-08-12 09:00 -25.5 -19.2 -19.6
17-07-12 09:00 -19.6 -14.5 -16.9
19-06-12 09:00 -16.9 3.6 10.8
15-05-12 09:00 10.8 19.2 23.4
17-04-12 09:00 23.4 20.2 22.3
13-03-12 10:00 22.3 11.2 5.4
14-02-12 10:00 5.4 -11.6 -21.6
17-01-12 10:00 -21.6 -49.5 -53.8
13-12-11 10:00 -53.8 -55.7 -55.2
15-11-11 10:00 -55.2 -51.7 -48.3
18-10-11 09:00 -48.3 -44.7 -43.3
20-09-11 09:00 -43.3 -45.0 -37.6
23-08-11 09:00 -37.6 -25.0 -15.1
19-07-11 09:00 -15.1 -7.0 -9.0
21-06-11 09:00 -9.0 -1.5 3.1
17-05-11 09:00 3.1 7.6
12-04-11 09:00 7.6 12.2 14.1
15-03-11 10:00 14.1 16.2 15.7
15-02-11 10:00 15.7 20.0 15.4
18-01-11 10:00 15.4 5.8 4.3
14-12-10 10:00 4.3 3.9 1.8
16-11-10 10:00 1.8 -6.0 -7.2
19-10-10 09:00 -7.2 -4.3
14-09-10 11:00 4.4 14.9 15.8
17-08-10 11:00 15.8 10.6 10.7
13-07-10 11:00 10.7 16.8 18.8
15-06-10 11:00 18.8 41.2 37.6
18-05-10 11:00 37.6 44.2 46.0
20-04-10 11:00 46 38.9 37.9
16-03-10 11:00 37.9 40.1 40.2
16-02-10 11:00 40.2 42.6 46.4
19-01-10 11:00 46.4 48.2 48.0
15-12-09 11:00 48.0 50.9 51.8
10-11-09 11:00 51.8 58.9 56.9
13-10-09 11:00 56.9 61.3 59.6
15-09-09 11:00 59.6 57.8 54.9
18-08-09 11:00 54.9 44.6 39.5
14-07-09 11:00 39.5 44.2 42.7
16-06-09 11:00 42.7 34.1 28.5
19-05-09 11:00 28.5 15.0 11.8
21-04-09 11:00 11.8 1.0 -6.5
17-03-09 11:00 -6.5 -11.7 -8.7
17-02-09 11:00 -8.7 -27.5 -30.8
20-01-09 11:00 -30.8 -46.0 -46.1
09-12-08 11:00 -46.1 -55.8 -54.0
11-11-08 11:00 -54.0 -60.0 -62.7
14-10-08 11:00 -62.7 -57.2 -40.9
16-09-08 11:00 -40.9 -55.0 -55.7
19-08-08 11:00 -55.7 -65.0 -63.7
15-07-08 11:00 -63.7 -56 -52.7
17-06-08 11:00 -52.7 -43.9 -43.6
20-05-08 11:00 -43.6 -44.2 -44.8
15-04-08 11:00 -44.8 -33.0 -35.0
11-03-08 11:00 -35.0 -42.0 -41.4
12-02-08 11:00 -41.4 -43.0 -41.7
15-01-08 11:00 -41.7 -37.8 -35.7
11-12-07 11:00 -35.7 -34 -30.0
13-11-07 11:00 -30.0 -19.5 -19.0
16-10-07 11:00 -19.0 -24.5 -20.3
18-09-07 11:00 -20.3 -14.0 -6.1
21-08-07 11:00 -6.1 0.0 7.2
17-07-07 11:00 7.2 19.5 19.0
19-06-07 11:00 19.0 26.0 22.3
22-05-07 11:00 22.3 14.5 10.7
17-04-07 11:00 10.7 7.5 5.1
13-03-07 11:00 5.1 4.5 6.8
13-02-07 11:00 6.8 3.0 -1.8
16-01-07 11:00 -1.8 -5.0 -3.0
Importance
Country Germany
Source Center for European Economic Research

Description

The index is calculated by the Center for European Economic Research (ZEW), which performs theinquiry of financial expertsto evaluate the country’s economic situation. The results are the calculated difference between positive and negative references. The inquiry takes into account the opinion of the anticipated course of events (inflation, rates of interest, exchange rates) for the next 6 months. The inquiry includes about 300 German institutional investors and analysts. The level above zero shows that optimism prevails, below zero indicates prevailing pessimism. High index values are the evidence of the positive economic situation and good business climate.

Effect of market

The market players closely follow the index values considering the Germany’s economy leadership in the EU. The index growth or the actual value rise exceeding the forecast is a positive sign for the Euro.