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Gunter Grittmann
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In May 2013 economic expectations for Central and Eastern Europe including Turkey (CEE) display a revision of last month’s decline, thereby crawling back to a positive trend. The ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe increases by 15.4 points (April 2013: decline by 20.4 points after four consecutive increases). The balance of experts’ expectations is currently set at 44.9 points. In spite of prevailing uncertainty in the eurozone, experts’ optimism increases in May for all countries in the CEE region and for the eurozone (indicator increase by 31.1 points). read more
In April 2013 economic expectations for Central and Eastern Europe including Turkey (CEE) have decreased for the first time after four consecutive increases. The ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe has fallen by 20.4 points. At a level of 29.5 points, it still clearly remains in the positive range. The slowdown of economic sentiment might well reflect rising uncertainty regarding the future development of the eurozone’s debt crisis, among others in Cyprus. A downturn in economic expectations is being observed in almost all countries of the CEE region. Only Hungary’s economic expectations have increased by 11.6 points to a level of 22.8 points. The respective indicator of economic sentiment for the eurozone has decreased by 25.1 points. read more
In March 2013 economic expectations for Central and Eastern Europe including Turkey (CEE) improved for the fourth time in a row. The ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe has increased by 13.6 points. It now stands at 49.9 points. This is the highest level of the indicator since October 2010. The debt crisis in the Eurozone, especially in Cyprus, as well as the difficulties in the government formation in Italy apparently seem to have no major impact on the economic expectations for the CEE region up till now. The optimistic assessment of the economic situation of the CEE region is also reflected by the positive sentiment regarding the macroeconomic development of important CEE countries. Economic expectations increase by 33.8 points for the Czech Republic and by 22.3 points for Poland. read more
In February 2013 economic expectations for Central and Eastern Europe including Turkey (CEE) have increased for the third time in a row. The ZEW-Erste Group Bank Economic Sentiment Indicator for the CEE region has improved by 9.3 points to the 36.3 points-mark. The economic sentiment indicator for the CEE region and further financial market data have been surveyed monthly by the Centre for European Economic Research (ZEW) in Mannheim with the support of Erste Group Bank, Vienna, since 2007. read more
Economic expectations for Central and Eastern Europe including Turkey (CEE) have highly increased by 20.9 points in January 2013. The ZEW-Erste Group Bank Economic Sentiment Indicator for the CEE region now stands at a level of 27.0 points. The economic sentiment indicator for the CEE region and further financial market data have been surveyed monthly by the Centre for European Economic Research (ZEW), Mannheim, with the support of Erste Group Bank, Vienna, since 2007. read more
Economic expectations for Central and Eastern Europe including Turkey (CEE) have increased by 9.5 points in December. The ZEW-Erste Group Bank Economic Sentiment Indicator for the CEE region now displays a value of 6.1 points. The economic sentiment indicator for the CEE region and further financial market data have been surveyed monthly by the Centre for European Economic Research (ZEW), Mannheim, with the support of Erste Group Bank, Vienna, since 2007. read more
Economic expectations for Central and Eastern Europe including Turkey (CEE) have decreased by 8.9 points in November. The ZEW-Erste Group Bank Economic Sentiment Indicator for the CEE region now displays a value of minus 3.4 points. The decrease constitutes a partial correction of last month’s major optimism: in October the Economic Sentiment Indicator rose by 20.1 points. The economic sentiment indicator for the CEE region and further financial market data have been surveyed monthly by the Centre for European Economic Research (ZEW), Mannheim, with the support of Erste Group Bank, Vienna, since 2007. read more
Economic expectations for Central and Eastern Europe including Turkey (CEE) have improved considerably in October. The ZEW-Erste Group Bank Economic Sentiment Indicator has increased by 20.1 points to a level of 5.5 points. Furthermore, rising optimism can be seen in all of the surveyed countries. The economic outlook is brightening up for each country included in the survey in October. Experts are most optimistic for Croatia where economic expectations have augmented by 28.2 points. read more
Economic expectations for Central and Eastern Europe including Turkey (CEE) have decreased by 7.6 points in July 2012. The ZEW-Erste Group Bank Economic Sentiment Indicator is hence standing at minus 7.6 points. The largest decrease of expectations is observed for the sentiment indicators for Croatia and Slovakia. The economic sentiment indicator for the CEE region and further financial market data have been surveyed monthly by the Centre for European Economic Research (ZEW), kindly supported byErste Group Bank, Vienna, since 2007. read more
Economic expectations for Central and Eastern Europe including Turkey (CEE) have declined by 11.2 points in April 2012. Consequently, the ZEW-Erste Group Bank Economic Sentiment Indicator CEE currently manoeuvres at the 5.4 points-mark. This reverses to some extent the indicator's major increase displayed in the previous month (March 2012: up 36.1 points). The economic sentiment indicator for the CEE region and further financial market data have been surveyed monthly by the Centre for European Economic Research (ZEW) with the support of Erste Group Bank, Vienna, since 2007. read more
The ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe including Turkey (CEE) has increased by 7.1 points in February 2012 to a level of minus 19.5 points. Economic Expectations for the eurozone have also slightly increased by 1.3 points to a level of minus 31.4 points. The economic sentiment indicator for the CEE region and further financial market data have been surveyed monthly by the Centre for European Economic Research (ZEW), Mannheim, with the support of Erste Group Bank, Vienna, since 2007. read more
The ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe including Turkey (CEE) has declined slightly by 2.5 points to minus 5.0 points in July 2011. In comparison to last month’s major decrease the current development rather displays a stabilisation in experts’ expectations. The economic sentiment indicator for the CEE region and further financial market data have been surveyed monthly by the Centre for European Economic Research (ZEW) in Mannheim, with the support of Erste Group Bank, Vienna, since 2007. read more
The ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe including Turkey (CEE) has increased by 4.8 points to 18.7 points in April 2011. The economic sentiment indicator for the CEE region and further financial market data have been surveyed monthly since 2007 by the Centre for European Economic Research (ZEW), Mannheim, with the support of Erste Group Bank, Vienna. read more
In cooperation with Erste Bank, Wien, the Centre for European Economic Research (ZEW) will now be publishing the Financial Market Report CEE every month. This Report provides a continuous flow of information on current and future (6-month horizon) economic sentiment in the Central and Eastern European region, including key aspects such as expectations regarding inflation, interest rates, currencies and equity markets. The results derived for the economic situation (sentiment) for the individual countries and the region provide benchmark-quality indicators for the relevant financial markets. read more