ZEW Indicator of Economic Sentiment - Economic Sentiment Remains at a High Level

In March 2015, the ZEW Indicator of Economic Sentiment for Germany has increased for the fifth consecutive time. Compared to the previous month, the indicator has gained

1.8 points to a reading of 54.8 (long-term average: 24.7 points). This is the indicator's highest value since February 2014. "Economic sentiment in Germany remains at a high level. In particular, the continuing positive development of the domestic economy confirms the expectations of the experts. At the same time, limited progress is being made with regard to solving the Ukraine conflict and the sovereign debt crisis in Greece. This has a dampening effect on sentiment," says ZEW President Professor Clemens Fuest.

The assessment of the current situation in Germany has improved notably. Increasing by 9.6 points, the index now stands at 55.1 points.

The financial market experts' sentiment concerning the economic development of the Eurozone is improving as well. ZEW's Indicator of Economic Sentiment for the Eurozone has increased by 9.7 points to a reading of 62.4 points. Gaining 11.8 points in March 2015, the indicator for the current situation in the euro area has reached a value of minus 36.6 points.

For further 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