Latest Press Releases

The ZEW Indicator of Economic Sentiment for Germany increased significantly in the current January 2022 survey, climbing 21.8 points to a new reading of 51.7 points. However, the assessment of the economic situation in Germany has worsened again in the current survey. The corresponding indicator dropped 2.8 points to a level of minus 10.2 points.

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The ZEW Indicator of Economic Sentiment for Germany decreased in the current December 2021 survey, falling 1.8 points to a new reading of 29.9 points. The assessment of the economic situation in Germany has worsened again in the current survey. The corresponding indicator dropped 19.9 points to a level of minus 7.4 points. This is the first time since June 2021 that the situation indicator has been in negative territory again. Compared to the previous month, the outlook for economic development in the next six months has deteriorated considerably.

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The ZEW Indicator of Economic Sentiment for Germany increased in the current November 2021 survey, climbing 9.4 points to a new reading of 31.7 points. This is the first time since May that the indicator has recorded a rise. The assessment of the economic situation in Germany has worsened again in the current survey, falling by 9.1 points to a level of 12.5 points.

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The ZEW Indicator of Economic Sentiment for Germany decreased in the current October 2021 survey, falling 4.2 points to a new reading of 22.3 points compared to September. This is the fifth time in a row that the indicator has experienced a fall. The assessment of the economic situation in Germany has worsened in the current survey, and currently stands at 21.6 points, 10.3 points lower than in the previous month. This is the first time that the indicator has recorded a decline after its continuous increase between February and September 2021. Compared to the previous month, the outlook for the economic development in the next six months has noticeably deteriorated.

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In 2022, the ZEW Indicator of Economic Sentiment will be released on the following dates at 11:05 a.m. Frankfurt Time.

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The ZEW Indicator of Economic Sentiment for Germany decreased in the September 2021 survey, falling 13.9 points to a new reading of 26.5 points. Since May 2021, the indicator has dropped for the fourth consecutive time. The assessment of the economic situation in Germany improved in September 2021 again and currently stands at 31.9 points, 2.6 points higher than in August 2021. The situation indicator has continuously increased since February 2021, when it stood at minus 67.2 points. The situation indicator has increased by 72.0 points since May 2021, while the expectation indicator has decreased by 57.9 points during the same period. The current reading of the ZEW Indicator of Economic Sentiment for Germany implies that over the next six months economic growth in Germany will only slightly be higher than its current reading.

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The ZEW Indicator of Economic Sentiment for Germany decreased in the current August 2021 survey, falling 22.9 points to a new reading of 40.4 points compared to July. This is the third time since May that the indicator has dropped, this time even somewhat stronger than in the previous month. The assessment of the economic situation in Germany improved in August, and currently stands at 29.3 points, 7.4 points higher than in July.

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The ZEW Indicator of Economic Sentiment for Germany decreased in the current July 2021 survey, falling 16.5 points to a new reading of 63.3 points. However, expectations for the next six months still remain at a very high level. The assessment of the economic situation in Germany once again improved strongly and stands at 21.9 points in July, 31.0 points higher than in the previous month. The economic situation in Germany is now rated similarly to how it was at the beginning of 2019, with the corresponding indicator now being back in positive territory for the first time in two years.

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The ZEW Indicator of Economic Sentiment for Germany decreased in the current June 2021 survey, falling 4.6 points to a new reading of 79.8 points. By contrast, the assessment of the economic situation in Germany improved very significantly, with the corresponding indicator currently standing at minus 9.1 points, 31.0 points higher than in the previous month. The assessment of the economic situation in Germany is now back to the pre-pandemic level of August 2019. Due to the very high economic expectations, the outlook is now much more positive than in summer 2019.

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The ZEW Indicator of Economic Sentiment for Germany increased in the current May 2021 survey, climbing 13.7 points to a new reading of 84.4 points. This is the highest value so far since the beginning of the COVID-19 pandemic. The last time the indicator had reached a higher level was in February 2000. The assessment of the economic situation in Germany improved by 8.7 points compared to the previous month, and currently stands at minus 40.1 points. The assessment of the economic situation in Germany thus improved very significantly in May.

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