“The financial market experts are somewhat less euphoric than in the previous month. The ZEW Indicator of Economic Sentiment is, however, still at a very high level and the current situation is assessed much more positively than in March. Fears of a stricter lockdown have led to a decline in expectations for private consumption. Nevertheless, the outlook for exports is better than in the previous month,” ZEW President Professor Achim Wambach comments on the current expectations.
The financial market experts’ sentiment concerning the economic development of the eurozone decreased by 7.7 points in April, bringing the indicator to a current level of 66.3 points. The indicator for the current economic situation in the eurozone climbed 4.3 points to a level of minus 65.5 points.
Inflation expectations for the eurozone dropped 5.5 points. However, at 75.1 points, the corresponding indicator still points to an increase in inflation over the next six months.
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