15 Oct Euro Area Zew Economic Sentiment Index
Zew Economic Sentiment Index In the Euro Area decreased to -23.50 in October from -22.40 in September of 2019. Zew Economic Sentiment Index in the Euro Area averaged 22.33 from 1999 until 2019, reaching an all time high of 89.90 in January of 2000 and a record low of -63.70 in July of 2008. In the Euro Area, the ZEW Economic Sentiment Index measures the level of optimism that analysts have about the expected economic developments over the next 6 months. The survey covers up to 350 financial and economic analysts. The index is constructed as the difference between the percentage share of analysts that are optimistic and the percentage of analysts that are pessimistic about the development of the economy. Therefore, the ZEW indicator measures the confidence on a scale of -100 (all analysts expect the economy to deteriorate) up to 100 (all analysts expect it to improve). A 0 value indicates neutrality. This page provides the latest reported value for – Euro Area Zew Economic Sentiment Index – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.