“Financial market experts are cautiously optimistic and the ZEW indicator has stabilised, but the economic situation has worsened. There are still considerable risks, as uncertainty about the US tariff policy and Germany’s ‘autumn of reforms’ continues,” said ZEW president professor Achim Wambach, phD, on the current survey results.
The outlook has improved in particular for export-oriented sectors, which had recently suffered a strong decline. Among the industries that benefit most are the automotive sector, the chemical and pharmaceutical industry and the metal sector. Nevertheless, the three indicators for these industries continue to be in the negative range, ZEW said in a press release.
The expectations for the eurozone have also slightly improved and are currently at plus 26.1 points, which is plus 1 point above the reading of the previous month. In contrast to the indicator for Germany, the assessment of the economic situation in the eurozone has increased slightly: At minus 28.8 points it is currently plus 2.4 points above the value recorded in the previous month.
ALCHEMPro News Desk (SG)
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