1. 18.07.2017 · ZEW (sel)
    ZEW Indicator of Economic Sentiment
    Cyclical indicator | Short-term forecast | Business survey | ZEW Financial Market Survey
    ZEW Indicator of Economic Sentiment for Germany, July 2017

    The ZEW Indicator of Economic Sentiment for Germany fell slightly by 1.1 points in July 2017 and now stands at 17.5 points. The indicator thus still remains below the long-term average of 23.8 points. The assessment of the current economic situation in Germany decreased by 1.6 points in July. The corresponding indicator, however, still remains at a fairly high level of 86.4 points. “Our overall assessment of the economic development in Germany remains unchanged compared to the previous month. The outlook for the German economic growth in the coming six months continues to be positive. This is now also reflected in the survey results for the eurozone,” comments ZEW President Professor Achim Wambach, PhD.

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  2. 13.06.2017 · ZEW (sel)
    ZEW Indicator of Economic Sentiment
    Cyclical indicator | Short-term forecast | Business survey
    ZEW Indicator of Economic Sentiment for Germany, June 2017

    The ZEW Indicator of Economic Sentiment for Germany dropped by 2.0 points in June 2017 and now stands at 18.6 points. The indicator thus still remains below the long-term average of 23.9 points. By contrast, the assessment of the current economic situation in Germany improved once again in June. The indicator climbed by 4.1 points to 88.0 points. This is the highest level since July 2011. Despite a slight drop in expectations, the prospects for the economic growth in Germany in the coming six months remain rather positive. “The prospects for the German economy remain favourable. This is not least due to the positive GDP growth in the European Union in the first quarter of 2017. 70.8 per cent of the financial market experts expect the current situation to remain as favourable as it is at the moment, and 23.9 per cent even expect it to improve in the coming six months,” comments ZEW President Professor Achim Wambach.

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  3. 16.05.2017 · ZEW (sel)
    ZEW Indicator of Economic Sentiment
    Cyclical indicator | Short-term forecast | Business survey
    ZEW Indicator of Economic Sentiment for Germany, May 2017

    The ZEW Indicator of Economic Sentiment for Germany continued to increase in May 2017. Compared to the previous month, it climbed by 1.1 points to a current reading of 20.6 points. The long-term average of 23.9 points has not quite been reached yet. The assessment of the current economic situation in Germany also improved once again in May. The indicator climbed by 3.8 points to 83.9 points. Taken together, the assessment of the current situation and the economic sentiment show a positive outlook for the German economic growth in the coming six months. “The latest figures on the gross domestic product confirm that the German economy is in good shape. ZEW indicators have been pointing to this trend for some time. The prospects for the eurozone as a whole are gradually improving, further strengthening the economic environment for German exports,“ comments ZEW President Professor Achim Wambach.

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  4. 11.04.2017 · ZEW (sel)
    ZEW Indicator of Economic Sentiment
    Business survey | Short-term forecast | Cyclical indicator
    ZEW Indicator of Economic Sentiment for Germany, April 2017

    The ZEW Indicator of Economic Sentiment for Germany increased substantially by 6.7 points in April 2017. The indicator now stands at 19.5 points, thereby reaching its highest level since August 2015. Though the long-term average as calculated from the beginning of the survey (December 1991) is yet to be beaten, these results are comparable to the expectations prior to the Brexit vote in June 2016. "The German economic situation has proved fairly robust in the first quarter. This is highlighted by the solid figures for growth in industrial production, the construction sector and retail sales from February. In addition, the consistently high labour demand has boosted private consumption. The financial market experts expect this positive development to continue," comments ZEW President Professor Achim Wambach .

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  5. 14.03.2017 · ZEW (sel)
    ZEW Indicator of Economic Sentiment
    Cyclical indicator | Short-term forecast | Business survey
    ZEW Indicator of Economic Sentiment for Germany, March 2017

    The ZEW Indicator of Economic Sentiment for Germany improved slightly by 2.4 points in March 2017, with the indicator now standing at 12.8 points. The long-term average, which has been calculated since the survey was begun, is 23.9 points. "The fact that the ZEW Indicator of Economic Sentiment only shows a slight upward movement is a reflection of the current uncertainty surrounding future economic development. With regard to the economic situation in Germany, no clear conclusions can be drawn from the most recent economic signals for January 2017. While industrial production and exports witnessed a positive development, the figures for incoming orders and retail sales were less favourable. The political risks resulting from upcoming elections in a number of EU countries are keeping uncertainty surrounding the German economy at a relatively high level," comments ZEW President Professor Achim Wambach, PhD.

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  6. 14.02.2017 · ZEW (sel)
    ZEW Indicator of Economic Sentiment
    Cyclical indicator | Short-term forecast | Business survey
    Graph for the ZEW Indicator of Economic Sentiment: The ZEW Indicator of Economic Sentiment for Germany records a decrease of 6.2 points in February 2017. The indicator now stands at 10.4 points.

    The ZEW Indicator of Economic Sentiment for Germany records a decrease of 6.2 points in February 2017. The indicator now stands at 10.4 points. "The downturn in expectations is likely to be the result of the recently published unfavourable figures for industrial production, retail sales and exports. Political uncertainty regarding Brexit, the future US economic policy as well as the considerable number of upcoming elections in Europe further depresses expectations. Nevertheless, the economic environment in Germany has not significantly worsened," comments ZEW President Professor Achim Wambach.

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  7. 17.01.2017 · ZEW (sel)
    ZEW Indicator of Economic Sentiment
    Cyclical indicator | Short-term forecast | Business survey
    ZEW Indicator of Economic Sentiment for Germany, January 2017

    The ZEW Indicator of Economic Sentiment for Germany has increased slightly in January 2017. The index has improved by 2.8 points compared to December, now standing at 16.6 points. "The slight increase of the ZEW Indicator of Economic Sentiment is mainly due the improved economic situation across European countries. The fairly good preliminary figures recorded for the development of the German GDP last year, as well as for the industrial production of the eurozone in November 2016, came as a surprise to many. This improvement in expectations can thus also be seen as a leap of faith for 2017," comments ZEW President Professor Achim Wambach.

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  8. 13.12.2016 · ZEW (sel)
    ZEW Indicator of Economic Sentiment
    Cyclical indicator | Short-term forecast | Business survey
    ZEW Indicator of Economic Sentiment for Germany, December 2016

    The ZEW Indicator of Economic Sentiment for Germany has remained unchanged at a level of 13.8 points (long-term average: 24.0 points) in December 2016. "The ZEW Indicator of Economic Sentiment remains at the same level; however, given the fact that the evaluation of the current situation has once again recorded an improvement, the overall assessment is quite positive. This is supported by the recently published positive GDP growth figures for the euro area in the third quarter. The considerable economic risks arising from the tense situation in the Italian banking sector, as well as the political risks surrounding upcoming elections in Europe, seem to have faded into the background at the moment," comments ZEW President Professor Achim Wambach,PhD.

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  9. 15.11.2016 · ZEW (sel)
    ZEW Indicator of Economic Sentiment
    Cyclical indicator | Short-term forecast | Business survey
    ZEW Indicator of Economic Sentiment for Germany, November 20

    The ZEW Indicator of Economic Sentiment for Germany has increased substantially in November 2016. The index has improved by 7.6 points compared to October, now standing at 13.8 points (long-term average: 24.0 points). "The ZEW Indicator of Economic Sentiment has increased for the fourth consecutive time – not least due to the positive economic figures seen in the US and China. The renewed increase is indicative of a stronger economic growth in the coming six months. The election of Donald Trump as US President and the resulting political and economic uncertainties, however, have made an impact. After the election, the economic sentiment has been less positive than before," comments ZEW President Professor Achim Wambach.

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  10. 11.10.2016 · ZEW (sel)
    ZEW Indicator of Economic Sentiment
    Cyclical indicator | Short-term forecast | Business survey
    ZEW Indicator of Economic Sentiment for Germany, October 2016

    The ZEW Indicator of Economic Sentiment for Germany increased in October 2016. The index gained 5.7 points compared to the previous month, now standing at a level of 6.2 points (long-term average: 24.1 points). "The improved economic sentiment is a sign of a relatively robust economic activity in Germany. However, positive impulses from industry and exports should not distract from existing political and economic risks. In particular, the risks concerning the German banking sector are currently a burden to the economic outlook," comments ZEW President Professor Achim Wambach.

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