ZEW Indicator of Economic Sentiment - Economic Outlook Improves

The ZEW Indicator of Economic Sentiment for Germany has increased in November 2015. Gaining 8.5 points compared to the previous month, the index now stands at 10.4 points (long-term average: 24.8 points). The indicator has improved for the first time following seven consecutive declines. "The outlook for the German economy is brightening again towards the end of the year. Economic pessimism appears not to have increased after the terror attacks in Paris. The currently high level of consumption in Germany, the recent decline in the external value of the euro, and the ongoing recovery in the United States are likely to bolster the robust development of the German economy," comments ZEW President Professor Clemens Fuest.

The assessment of the current economic situation in Germany is largely unchanged. Declining slightly by 0.8 points, the index now stands at 54.4 points.

Financial market experts' sentiment concerning the economic development of the Eurozone has weakened. ZEW’s Indicator of Economic Sentiment for the Eurozone has decreased by 1.8 points to a reading of 28.3 points. Gaining 1.2 points in November 2015, the indicator for the current situation in the euro area has climbed to a value of minus 10.0 points.

For more information please contact

Dominik Rehse, Phone +49(0)621/1235-378, E-mail rehse@zew.de

Jesper Riedler, Phone +49(0)621/1235-379, E-mail riedler@zew.de

More information and studies on the ZEW Indicator of Economic Sentiment and the release dates 2015 (as PDF file, 28 KB).