Deutschland ZEW-Konjunkturerwartungen

The ZEW Indicator of Economic Sentiment for Germany fell to 10.3 in January 2025 from 15.7 in December, and well below forecasts of 15.3, as the German economy contracted for a second year in a row in 2024 and as inflationary pressures are rising. "A lack of private household spending and subdued demand in the construction sector continue to stall the German economy. If these trends continue in the current year, Germany will fall further behind the other countries of the Eurozone. There is also greater political uncertainty, driven by a potentially difficult coalition-building process in Germany and the unpredictability of the economic policy pursued by the new Trump administration", according to ZEW President Prof. Achim Wambach. Meanwhile, the assessment of the current economic situation in Germany edged up to -90.4 from -93.1.