German ZEW economic sentiment tacks on in January

German ZEW economic sentiment tacks on in January

In January, German economic sentiment inched up more than anticipated, while the current conditions index reached a record maximum, driving optimism over the strength of the EU’s number one economy, as industry data reported on Tuesday.

The ZEW Centre for Economic Research told that its index of German economic sentiment inched up to 20.4 in January versus December’s result of 17.4. Market experts had hoped the index would rally to 17.8 in January.

As a matter of fact, on the index, a reading above 0.0 is upbeat, while an outcome below 0.0 traditionally indicates pessimism.

Aside from that, the current conditions Index rallied to 95.2 in January from December’s outcome of 89.3, versus hopes for a smaller ascend to 89.8. Additionally, it turned to be the highest value since the poll started to be elaborated in 1991.

In January, the index of euro zone economic sentiment managed to grow to 31.8 from 29.0 in December.


Latest news

Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera