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- The ZEW Indicator of Economic Sentiment for Germany recorded a decrease of 2.6 points in February
The ZEW Indicator of Economic Sentiment for Germany recorded a decrease of 2.6 points in February
The ZEW Indicator of Economic Sentiment for Germany recorded a decrease of 2.6 points in February 2018 and currently stands at 17.8 points. The indicator thus still remains slightly below the long-term average of 23.7 points. The assessment of the current economic situation in Germany decreased by 2.9 points, with the corresponding indicator currently standing at 92.3 points.
"The latest survey results continue to show a positive outlook for the German economy. The assessment of the current economic situation is still on a very high level and the economy is expected to improve in the coming six months. Economic growth in Germany is substantially driven by the very good development of both the global economy and private consumption. Inflation expectations for Germany and the Eurozone have also started to increase," comments ZEW President Professor Achim Wambach.
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