ZEW’s sentiment index has been the highest in five years in Germany and the euro area

By: Trademagazin editor Date: 2020. 05. 19. 11:04

The sentiment index of the ZEW Institute for Economic Research has reached the highest level of the past five years in Germany and in the euro area in May – according to the survey published on Tuesday.

The German economic index of the ZEW (Leibniz-Zentrum für Europäische Wirtschaftsforschung GmbH) economic index in Germany improved for the second time in May, rising by 22.8 points to 51.0 points compared to April, the highest level since April 2015.

However, the assessment of the current economic conditions decreased by 2.0 points minus 93.5 points among the experts included in the survey. (MTI)