ZEW Indicator of Economic Sentiment - Slight Decline of Economic Sentiment

The ZEW Indicator of Economic Sentiment for Germany slightly declines in July 2015. Decreasing by 1.8 points compared to the previous month, the index now stands at a level of 29.7 points (long-term average: 24.9 points).

"Neither the difficulties in dealing with the Greek sovereign debt crisis nor the turmoil on Chinese financial markets seem to make a strong impression on the financial market experts. Despite the slight decline of the indicator, the overall economic outlook for Germany remains positive", says ZEW President Professor Clemens Fuest.

The assessment of the current situation in Germany has improved slightly. Increasing by 1.0 points, the index now stands at 63.9 points.

The financial market experts’ sentiment concerning the economic development of the Eurozone declined. ZEW’s Indicator of Economic Sentiment for the Eurozone has decreased by 11.0 points to a reading of 42.7 points. Gaining 7.2 points in July 2015, the indicator for the current situation in the euro area has reached a value of minus 14.4 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).