ZEW Survey – Economic Sentiment
Most recent - Tuesday 13 May 2025 09:00
Previous
-14
Forecast
11.9
Actual
25.2
Higher numbers than forecast tend to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.
Next event - Tuesday 17 June 2025 09:00
Previous
-
Forecast
-
Actual
-
The typical/expected impact on EUR pairs is medium.
There is no forecast value for ZEW Survey – Economic Sentiment yet - check back for updates.
Trading range
Forecast history
The most recent announced value for ZEW Survey – Economic Sentiment was 25.2 against a forecast of 11.9.
Past events
Date
Forecast
Actual
Tuesday 13 May 2025 09:00
11.9
25.2
Tuesday 15 April 2025 09:00
9.3
-14
Tuesday 18 March 2025 10:00
48.1
51.6
Tuesday 18 February 2025 10:00
15.5
26
Tuesday 21 January 2025 10:00
15.3
10.3
Tuesday 17 December 2024 10:00
6.2
15.7
Tuesday 12 November 2024 10:00
12.8
7.4
Tuesday 15 October 2024 09:00
10
13.1
Tuesday 17 September 2024 09:00
17.1
3.6
Tuesday 13 August 2024 09:00
38
19.2
Tuesday 16 July 2024 09:00
42.5
41.8
Tuesday 18 June 2024 09:00
50
47.5
Tuesday 14 May 2024 09:00
46.3
47.1
Tuesday 16 April 2024 09:00
35.1
42.9
Tuesday 19 March 2024 10:00
20.5
31.7
Tuesday 13 February 2024 10:00
17.5
19.9
Tuesday 16 January 2024 10:00
12
15.2
Tuesday 12 December 2023 10:00
8.8
12.8
Tuesday 14 November 2023 10:00
5
9.8
Tuesday 17 October 2023 09:00
-9
-1.1
Tuesday 12 September 2023 09:00
-15
-11.4
Tuesday 15 August 2023 09:00
-14.4
-12.3
Tuesday 11 July 2023 09:00
-10
-14.7
Tuesday 13 June 2023 09:00
-13
-8.5
Tuesday 16 May 2023 09:00
-5.5
-10.7
Tuesday 18 April 2023 09:00
15.1
4.1
Tuesday 21 March 2023 10:00
16.4
13
Tuesday 21 February 2023 10:00
22
28.1
Tuesday 17 January 2023 10:00
-15.5
16.9
Tuesday 13 December 2022 10:00
-26.4
-23.3
Tuesday 15 November 2022 10:00
-50
-36.7
Tuesday 18 October 2022 09:00
-65.7
-59.2
Tuesday 13 September 2022 09:00
-60
-61.9
Tuesday 16 August 2022 09:00
-53.8
-55.3
Tuesday 12 July 2022 09:00
-38.3
-53.8
Tuesday 14 June 2022 09:00
-27.5
-28
Economic context
Recent economic data has been broadly neutral for EUR. Other recent announcements which may affect the market's interpretation of the next ZEW Survey – Economic Sentiment result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Consumer Confidence | Bullish change | -16.7 | -15.2 | ||
| Producer Price Index (MoM) | Bullish change | -0.7% | -0.6% | ||
| Producer Price Index (YoY) | Bearish change | -0.2% | -0.9% | ||
| Core Harmonized Index of Consumer Prices (MoM) | (no change) | 1% | 1% | ||
| Core Harmonized Index of Consumer Prices (YoY) | (no change) | 2.7% | 2.7% | ||
| Harmonized Index of Consumer Prices (MoM) | (no change) | 0.6% | 0.6% | ||
| Consumer Price Index (EU Norm) (YoY) | Bearish change | 2.1% | 2% | ||
| Consumer Price Index (YoY) | Bearish change | 2% | 1.9% | ||
| Employment Change (QoQ) | Bullish change | 0.1% | 0.3% | ||
| Gross Domestic Product s.a. (QoQ) | Bearish change | 0.4% | 0.3% | ||
| Gross Domestic Product s.a. (YoY) | (no change) | 1.2% | 1.2% | ||
| Industrial Production s.a. (MoM) | Bullish change | 1.1% | 2.6% | ||
| Consumer Price Index (EU norm) (YoY) | Bullish change | 0.8% | 0.9% | ||
| Harmonized Index of Consumer Prices (YoY) | (no change) | 2.2% | 2.2% | ||
| Harmonized Index of Consumer Prices (MoM) | (no change) | 0.5% | 0.5% | ||
| Harmonized Index of Consumer Prices (YoY) | (no change) | 2.2% | 2.2% | ||
| ZEW Survey – Current Situation | Bearish change | -81.2 | -82 | ||
| ZEW Survey – Economic Sentiment | Bullish change | -18.5 | 11.6 |
About ZEW Survey – Economic Sentiment
| Country: | Germany |
|---|---|
| Currency: | EUR |
| Source: | ZEW - Leibniz Centre for European Economic Research |
| Category: | Economic Activity |
| Frequency: | Monthly |
Related events
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