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BREAKING: ZEW index from Germany suggests rebound in economy

11:11 AM 14 November 2023

The ZEW Sentiment Index from Nimetz is performing above expectations and indicating an improvement in sentiment for the third consecutive month. 

  • German ZEW Economic Sentiment Actual 9.8 (Forecast 5, Previous -1.1)
  • German ZEW Current Conditions Actual -79.8 (Forecast -77, Previous -79.9)

ZEW Index suggests that Germany's economic development may have reached its lowest point and is starting to recover. Centre for European Economic Research (ZEW) notes that there is a heightened economic expectation, particularly in the German industrial sector, which is now viewed with a significantly more optimistic outlook.

 

 

 

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