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What is the ZEW indicator?
The ZEW Indicator of Economic Sentiment is calculated from the results of the ZEW Financial Market Survey. It is constructed as the difference between the percentage share of analysts that are optimistic and the share of analysts that are pessimistic for the German economy in six months.
What is Germany ZEW economic sentiment?
The ZEW Indicator of Economic Sentiment for Germany climbed 6.3 points to a current value of minus 28.0 points in the June 2022 survey. The assessment of the economic situation in Germany improved by 8.9 points in the current survey, leaving the corresponding indicator at minus 27.6 points.
What is the ZEW Indicator of Economic Sentiment?
The ZEW Indicator of Economic Sentiment is a simple sentiment indicator created out of the monthly ZEW Financial Market Survey. The ZEW Financial Market Survey is an aggregation of the sentiments of approximately 350 economists and analysts on the economic future of Germany in the medium term.
What is ZEW in economics?
Definition and examples The ZEW Indicator of Economic Sentiment is a monthly survey of economists and analysts. They assess the economic conditions of Germany as well as several regions and nations. If the resulting index is greater than zero, sentiment is positive.
What is the ZEW survey?
ZEW stands for Zentrum für Europäische Wirtschaftsforschung, which is German for the Centre for European Economic Research. It is an economic research institute and a member of the Leibniz Association. It is one of Europe’s leading economic research institutes. The survey is a leading indicator for the German economy.
What does a negative ZEW index mean?
If the resulting index is greater than zero, sentiment is positive. If it is less than zero, on the other hand, there is a negative outlook. ZEW stands for Zentrum für Europäische Wirtschaftsforschung, which is German for the Centre for European Economic Research.