ZEW Indicator of Economic Sentiment

Overview

Based on the ZEW Financial Market Test, up to 300 experts from banks, insurance companies and financial departments of selected corporations have been interviewed about their assessments and forecasts for important international financial market data every month since 1991. Participants are asked about their six-months expectations concerning the economy, inflation rates, interest rates, stock markets as well as exchange rates. One indicator is created and published from the results of the ZEW Financial Market Survey: The ZEW Indicator of Economic Sentiment is a leading indicator for the German economy similar to the ifo Index.

The results are published and analyzed in the monthly publication Financial Market Report (only available in German). In addition, the survey findings are published in regular intervals via the press in the form of indicators and forecasts. The information service Reuters also publishes the aggregative survey results.

ZEW Index

ZEW Business Cycle Tableaus

ZEW Index

Note regarding the chart

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