11:02 AM · 16 January 2024

BREAKING: ZEW data point to improved economic sentiment in Germany

German ZEW SurveySentiment Expectations Jan: 15.2 (est 11.7; prev 12.8)

- ZEW Survey Current Situation Jan: -77.3 (est -77.0; prev -77.1)

- Eurozone ZEW Survey Expectations Jan: 22.7 (prev 23.0)

Economic expectations for Germany have improved again. This is because now more than half of the respondents assume that the ECB will cut rates in the first half of the year. The climb in inflation in Germany and the Eurozone in Dec thus has no impact on the monetary policy expectations of the respondents.

Source: Bloomberg Financial LP

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