ZEW Indicator of Ecnomic Sentiment - Positive Sentiment among Financial Market Experts Persists
ZEW Indicator of Economic Sentiment
Hovering at a high level, economic expectations for Germany have moved sideways in this month’s survey. In January 2014 the ZEW Indicator of Economic Sentiment has decreased only marginally by 0.3 points and now stands at the 61.7 points-mark (historical average: 24.4 points).
"For months, the surveyed financial market experts have expected an economic upswing. In this month’s survey the clearly improved assessment of the current economic situation seems to confirm these expectations," says ZEW President Prof. Dr. Clemens Fuest. The indicator reflecting the expert’s assessment of the current economic situation for Germany has gained 8.8 points in January, reaching a level of 41.2 points, its highest mark since May 2012.
Economic Expectations for the Eurozone have also increased in January. The respective indicator has improved by 5.0 points to 73.3 points. The indicator for the current economic situation in the Eurozone has increased by 6.2 points to a level of minus 48.2 points.
For further information please contact
Frieder Mokinski, Phone +49 621/1235-143, E-mail mokinski@zew.de
Jesper Riedler, Phone +49 621/1235-379, E-mail riedler@zew.de