The indicator reflecting the financial market experts' expectations regarding the economic development in the eurozone increased significantly by 8.8 points in May, bringing the expectation indicator up to a current level of 35.1 points. At the same time, the indicator for the current economic situation in the eurozone also climbed significantly. It currently stands at 18.3 points, 6.8 points higher than in April. In line with the improved economic outlook for the eurozone, expectations for the inflation rate have also been rising. The corresponding indicator for the eurozone climbed 4.1 points to a reading of 17.0 points in May.
For further information please contact
Dr. Michael Schröder, Phone +49 (0)621/1235-368, E-mail schroeder@zew.de
Lea Steinrücke, Phone +49 (0)621/1235-311, E-mail steinruecke@zew.de
More information and studies on the ZEW Indicator of Economic Sentiment and the release dates 2017 (as PDF file, 28 KB) and the historical time series (as Excel file, 81 KB)
Date
16.05.2017