Germany ZEW Current Conditions


The Centre for European Economic Research (ZEW) releases a monthly figure on institutional investment sentiment toward current conditions within Germany. The survey captures changes in the level of optimism/pessimism among financial market experts toward Germany. A positive number indicates optimistic views outweigh pessimistic views and vice versa.
Latest Release: 16-12-2014 10:00:00
Next Release: 15-10-2013 09:00:00
Source:Zentrum für Europäische Wirts...
Eurozone Economic Sentiment Plummets
Sep 16th, 2014 at 09:58 AM

Economic sentiment continues to deteriorate in the Eurozone according to the latest September report from Germany’s Zentrum für Europäische Wirtschaftsforschung (ZEW). The current reading just announced of 14.2 represents a sharp fall from August’s 23.7, it also surprised markets that had been anticipate a pull back but only to the region of 21.3. The index has been falling consistently for a number of month’s but has so far managed to remain above the 0.0 line which represents the difference between an optimistic and a pessimistic economic outlook. The current rate of decline, if maintained, will see the indicator turn negative over the next two months.

The German institute also compiles a similar index for the home country and it is a major contributor to the overall Eurozone version of the index. The German ZEW figures for this month have also taken markets very much by surprise. The key ZEW Confidence Index has fallen to a 21 month low and now reads at 6.9 for September, this indicator has dropped from the 8.6 recorded in August but not by as much as anticipated, market analysts had been expecting a reading of 4.8 this month. The German version of the ZEW Current Situation Survey however has dropped substantially on the month. August’s 44.3 reading had been expected to pare back to around 40.0 but...