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Euro Area Zew Economic Sentiment Index

Last Release
Mar 31, 2024
Actual
33.5
Units In
N/A
Previous
25
Frequency
Monthly
Next Release
Apr 16, 2024
Time to Release
27 Days 1 Hours
Highest
Lowest
Average
Date Range
Source
89.9
Jan 2000
-63.7
Jul 2008
21.431999-2024Centre 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 Indicator of Economic Sentiment for the Euro Area increased by 8.5 points to 33.5 in March 2024, the highest since February 2022. In March, 57.9 percent of the surveyed analysts expected no changes in economic activity, 37.8 percent expected improvement and 4.3 percent predicted a deterioration. In the meantime, inflation expectations fell by 3.2 points to -64.3 and the indicator of the current economic situation decreased by 1.4 points to -54.8.

Euro Area Zew Economic Sentiment Index History

Last 12 readings

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