Macro Monday 38 ~ The EU & German ZEW Economic Sentiment IndexMacro Monday 38
The Euro Area ZEW Economic Sentiment Index &
The German ZEW Economic Sentiment Index
(Released this Tuesday 19th Mar 2024)
ZEW is the German acronym for the Zentrum für Europäische Wirtschaftsforschung, which translates to the Centre for European Economic Research.
There
Key data points
Last release
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Observation period
Apr 2025
Next release
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Forecast
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Highest
89.90 POINT on Jan 31, 2000
Lowest
−63.70 POINT on Jul 31, 2008
About Euro Area ZEW Economic Sentiment Index
In the Euro Area, the ZEW Economic Sentiment Index measures the level of optimism that analysts have about the expected economic developments over the next 6 months. The survey covers up to 350 financial and economic analysts. The index is constructed as the difference between the percentage share of analysts that are optimistic and the percentage of analysts that are pessimistic about the development of the economy. Therefore, the ZEW indicator measures the confidence on a scale of -100 (all analysts expect the economy to deteriorate) up to 100 (all analysts expect it to improve). A 0 value indicates neutrality.
Macro Monday 39 (Part B) - Predictive Power (EU ZEW Vs EU ESI)Macro Monday 39 (Part B)
This chart is a summary of the past two weeks of work in Macro Mondays on the EU Sentiment
The Chart illustrates the forward looking Euro Area ZEW Sentiment Index (red line) and the current sentiment outlook via the Euro Area Economic Sentiment Index (the "ESI", the blue
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