Germany Zew Economic Sentiment Index  1991-2017 | Data | Chart | Calendar

The ZEW Indicator of Economic Sentiment for Germany fell to 10.4 in February 2017 from 16.6 in the previous month and missing market consensus of 10.4. It was the lowest level since October, as 23.1 percent of the analysts surveyed expect to see a pickup in economic activity in the coming six months while the vast majority of experts (64.2 percent) expect the economic development to remain unchanged and 12.7 percent expect economic growth to deteriorate. The downturn in expectations is likely to be a result of the recently published unfavorable figures for production, retail sales and exports. Political uncertainty regarding Brexit, the future US economic policy and upcoming elections in Europe further depressed sentiment. Also, the assessment of the current situation declined by 0.9 points to 76.4. Zew Economic Sentiment Index in Germany averaged 23.99 from 1991 until 2017, reaching an all time high of 89.60 in January of 2000 and a record low of -63.90 in July of 2008.

Germany Zew Economic Sentiment Index
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-12-13 10:00 AM Dec 13.8 13.8 14 15.1
2017-01-17 10:00 AM Jan 16.6 13.8 18.3 15.1
2017-02-14 10:00 AM Feb 10.4 16.6 15 14.8
2017-03-14 10:00 AM Mar 10.4 8.40
2017-04-11 09:00 AM Apr 7.89
2017-05-16 09:00 AM May 8.45




Germany Business Last Previous Highest Lowest Unit
Business Confidence 111.00 109.90 114.20 83.70 [+]
Manufacturing PMI 57.00 56.40 62.70 32.00 [+]
Services PMI 54.40 53.40 60.30 41.30 Index Points [+]
Composite Pmi 56.10 54.80 56.40 50.20 Index Points [+]
Industrial Production -0.70 2.30 14.90 -22.00 percent [+]
Industrial Production Mom -3.00 0.50 4.00 -6.90 percent [+]
Manufacturing Production -0.90 2.70 15.50 -24.00 percent [+]
Capacity Utilization 86.00 85.70 88.70 70.20 percent [+]
New Orders 118.40 112.60 119.00 9.70 Index Points [+]
Factory Orders 5.20 -3.60 27.10 -15.70 percent [+]
Changes in Inventories -6.84 -7.40 9.57 -11.49 EUR Billion [+]
Bankruptcies 1677.00 1621.00 3755.00 416.00 Companies [+]
Corporate Profits 182.62 194.66 194.66 91.01 EUR Billion [+]
Zew Economic Sentiment Index 10.40 16.60 89.60 -63.90 [+]
Car Production 462900.00 365100.00 583399.00 265542.00 Units [+]
Car Registrations 241399.00 256533.00 552865.00 43460.00 Cars [+]
Competitiveness Index 5.57 5.53 5.57 5.37 Points [+]
Competitiveness Rank 5.00 4.00 7.00 4.00 [+]
Ease of Doing Business 17.00 14.00 27.00 14.00 [+]
Corruption Index 81.00 79.00 82.70 73.00 Points [+]
Corruption Rank 10.00 10.00 20.00 10.00 [+]
Steel Production 3230.13 3334.63 4744.00 907.00 Thousand Tonnes [+]
Mining Production 0.30 -7.80 46.60 -30.40 percent [+]



Germany Zew Economic Sentiment Index Notes

In Germany, the ZEW Economic Sentiment Index measures the level of optimism that analysts have about current economic situation and expected economic developments for the next 6 months. The survey covers up to 350 experts from banks, insurance companies and financial departments of selected corporations.Participants are asked about their six-months expectations concerning the economy, inflation rates, interest rates, stock markets and exchange rates. The index is constructed as the difference between the percentage share of analysts that are optimistic and the percentage of analysts that are pessimistic about the development of the economy. The ZEW indicator measures the confidence on a scale of -100 (all analysts are unhappy with the current developments and expect the conditions to deteriorate) up to 100 (all analysts are satisfied with the current situation and expect it to improve). A 0 value indicates neutrality. This page provides the latest reported value for - Germany Zew Economic Sentiment Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Germany Zew Economic Sentiment Index - actual data, historical chart and calendar of releases - was last updated on February of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
10.40 16.60 89.60 -63.90 1991 - 2017 Monthly



Last
Euro Area 17.10 Feb/17
France -2.60 Feb/17
Germany 10.40 Feb/17
Italy -7.40 Feb/17
Switzerland 19.40 Feb/17
United Kingdom -41.50 Feb/17