Allemagne Indice Du Sentiment Économique Zew

The ZEW Indicator of Economic Sentiment for Germany soared to 13.1 in October 2024 from 3.6 in September which was the lowest level since October 2023, beating forecasts of 10. The rise is mostly due to "expectation of stable inflation rates and the associated prospect of further interest rate cuts by the ECB. Positive signals are also coming from Germany’s export markets. Economic expectations for the eurozone, the USA, and China have also significantly improved. The increased optimism for China is likely linked to the Chinese government’s economic stimulus measures", according to the ZEW President Professor Achim Wambach. On the other hand, the assessment of the economic situation in Germany continued to worsen (-86.9, the lowest since May 2020 vs -84.5 in September)