Euro Area Zew Economic Sentiment Index

Last Release

Oct 31, 2025

Actual

22.7

Units In

N/A

26.1

Frequency

Monthly

Next Release

Nov 11, 2025

Time to Release

26 Days 9 Hours

Highest	Lowest	Average	Date Range	Source
89.9 Jan 2000	-63.7 Jul 2008	21.67	1999-2025	Centre for European Economic Research (ZEW)

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.

Latest Updates

The ZEW Economic Expectations Index for the Euro Area declined to 22.7 points in October 2025, the lowest level in five months, down from 26.1 in September and well below forecasts of 30.2. The decline was mainly attributed to the ongoing budget dispute in France. Assessments of the current economic situation also weakened, falling 3 points to -31.8, signaling a further deterioration in sentiment.