Expectations Go Down
The ZEW Indicator of Economic Sentiment for Germany decreased in the current April 2021 survey, falling 5.9 points to a new reading of 70.7 points. This is the first time that the indicator has experienced a drop since November 2020. Expectations are still at a very high level.
The assessment of the economic situation in Germany improved by 12.2 points compared to the previous month. The corresponding indicator currently stands at minus 48.8 points, reaching roughly the same level as in March 2020.