1. 13.09.2016 · ZEW (sel)
    ZEW Indicator of Economic Sentiment
    Business survey | Short-term forecast | Cyclical indicator
    ZEW Indicator of Economic Sentiment for Germany, September 2016

    The ZEW Indicator of Economic Sentiment for Germany remains unchanged in September 2016. The index stands at a level of 0.5 points (long-term average: 24.1 points). "The current ambiguity of economic impulses from Germany and abroad means that forecasts for the next few months are difficult. German exports, particularly to non-EU countries, as well as industrial production figures have disappointed. By contrast, the economic environment in the European Union is improving. Overall, the ZEW Indicator of Economic Sentiment suggests that the economic situation in Germany will remain favourable in the coming six months," comments ZEW President Professor Achim Wambach.

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  2. 16.08.2016 · ZEW (sel)
    ZEW Indicator of Economic Sentiment
    Cyclical indicator | Short-term forecast | Business survey
    ZEW Indicator of Economic Sentiment for Germany, August 2016

    The ZEW Indicator of Economic Sentiment for Germany increased in August 2016. The index gained 7.3 points compared to the previous month, now standing at 0.5 points (long-term average: 24.2 points). "The ZEW Indicator of Economic Sentiment has partly recovered from the Brexit shock. Political risks within and outside the European Union, however, continue to inhibit a more optimistic economic outlook for Germany. Furthermore, uncertainty about the resilience of the EU banking sector persists," comments ZEW-President Professor Achim Wambach.

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  3. 19.07.2016 · ZEW (sel)
    ZEW Indicator of Economic Sentiment
    Business survey | Short-term forecast | Cyclical indicator
    ZEW Indicator of Economic Sentiment for Germany, July 2016

    The ZEW Indicator of Economic Sentiment for Germany decreased sharply in July 2016. The index has decreased by 26.0 points compared to the previous month, now standing at minus 6.8 points (long-term average: 24.3 points). This is the indicator’s lowest reading since November 2012. "The Brexit vote has surprised the majority of financial market experts. Uncertainty about the vote’s consequences for the German economy is largely responsible for the substantial decline in economic sentiment. In particular, concerns about the export prospects and the stability of the European banking and financial system are likely to be a burden on the economic outlook," comments ZEW-President Professor Achim Wambach.

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  4. 21.06.2016 · ZEW (sel)
    ZEW Indicator of Economic Sentiment
    Business survey | Short-term forecast | Cyclical indicator
    ZEW Indicator of Economic Sentiment for Germany, June 2016

    The ZEW Indicator of Economic Sentiment for Germany has increased in June 2016. The index has improved by 12.8 points compared to the previous month, now standing at 19.2 points (long-term average: 24.4 points)."The improvement of economic sentiment indicates that the financial market experts have confidence in the resilience of the German economy. However, general economic conditions remain challenging. Apart from the weak global economic dynamics, it is mainly the EU referendum in Great Britain which causes uncertainty," says Professor Achim Wambach, President of ZEW.

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  5. 24.05.2016 · ZEW (sel)
    ZEW Indicator of Economic Sentiment
    Business survey | Short-term forecast | Cyclical indicator
    ZEW Indicator of Economic Sentiment in Germany May 2016

    The ZEW Indicator of Economic Sentiment for Germany has declined slightly in May 2016. The index has decreased by 4.8 points compared to the previous month, now standing at 6.4 points (long-term average: 24.4 points)."The strong growth of the German economy in the first quarter of 2016 appears to have surprised the financial market experts. However, they seem not to expect the economic situation to improve at the same pace going forward. Uncertainties regarding developments such as a possible Brexit currently inhibit a more optimistic outlook," says Professor Achim Wambach, PhD, President of ZEW.

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  6. 19.04.2016 · ZEW (sel)
    ZEW Indicator of Economic Sentiment
    Cyclical indicator | Short-term forecast | Business survey
    ZEW Indicator of Economic Sentiment in Germany April 2016

    The ZEW Indicator of Economic Sentiment for Germany has increased for the second time in a row in April 2016. The index has gained 6.9 points compared to the previous month, now totaling 11.2 points (long-term average: 24.5 points). "Surprisingly positive economic news from China seems to have improved the sentiment amongst financial market experts. On balance, however, the continued poor growth in China and other important emerging markets continues to be a burden for the German export industry. Furthermore, concern about Great Britain’s possible exit from the EU seems to be having a negative impact", comments Professor Sascha Steffen, Head of the Research Department "International Finance and Financial Management" at ZEW.

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  7. 22.03.2016 · ZEW (sel)
    ZEW Indicator of Economic Sentiment
    Cyclical indicator | Short-term forecast | Germany | Business survey
    ZEW Indicator of Economic Sentiment in Germany March 2016

    The ZEW Indicator of Economic Sentiment for Germany has slightly increased in March 2016. The index has improved by 3.3 points compared to the previous month, now standing at 4.3 points (long-term average: 24.5 points). "The uncertainty associated with the future economic development of important emerging economies, with the development of the oil price and with the external value of the euro continues to call for caution. Apparently, the renewed move of the ECB to considerably ease its monetary policy has not had a substantial effect on economic sentiment," says Professor Sascha Steffen, head of the ZEW Research Department "International Finance and Financial Management".

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  8. 16.02.2016 · ZEW (sel)
    ZEW Indicator of Economic Sentiment
    Cyclical indicator | Short-term forecast | Business survey | Germany
    ZEW Indicator of Economic Sentiment in Germany February 2016

    The ZEW Indicator of Economic Sentiment for Germany has declined for the second consecutive time in February 2016. The index has decreased by 9.2 points compared to the previous month, now standing at 1.0 points (long-term average: 24.6 points). "The looming slowdown of the world economy and the uncertain consequences of the falling oil price put a strain on the ZEW Indicator of Economic Sentiment. In view of these developments, the concern over an increased credit default risk has already caused stock and bond prices for many banks in Europe, Japan and the US to slump," says Professor Sascha Steffen, head of the "International Finance and Financial Management" Research Department at ZEW.

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  9. 19.01.2016 · ZEW (sel)
    ZEW Indicator of Economic Sentiment
    Short-term forecast | Cyclical indicator | Germany | Business survey
    ZEW Indicator of Economic Sentiment January 2016

    The ZEW Indicator of Economic Sentiment for Germany has declined in January 2016. The index has decreased by 5.9 points compared to the previous month, now standing at 10.2 points (long-term average: 24.7 points). The indicator has declined for the first time following two consecutive increases. "The beginning of the new year is characterised by capital market turmoil in China, which has also led to significant share price declines in Germany. As in the previous year, weak economic growth in China and other important emerging markets puts a strain on Germany's economic outlook," says Professor Sascha Steffen, head of the "International Finance and Financial Management" Research Department at ZEW.

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  10. 15.12.2015 · ZEW (sel)
    ZEW Indicator of Economic Sentiment
    Cyclical indicator | Short-term forecast | Germany | Business survey
    ZEW Indicator of Economic Sentiment December 2015

    The ZEW Indicator of Economic Sentiment for Germany has increased for the second consecutive time in December 2015. Gaining 5.7 points compared to the previous month, the index now stands at 16.1 points (long-term average: 24.7 points).

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