According to the report from Centre for European Economic Research (ZEW), Indicator of Economic Sentiment for Germany experienced a sharp rise in September 2019, making up for the significant decline witnessed in August. Currently standing at -22.5 points, the indicator climbed 21.6 points compared to the previous month. The indicator thus exhibits about the same level as in June, which was -21.1 points. It remains, however, well below the long-term average of 21.5 points. In the current September survey, the assessment of the economic situation in Germany worsened by 6.4 points, with the corresponding indicator falling to a current reading of -19.9 points. This has been the lowest reading since May 2010.

Financial market experts’ sentiment concerning the economic development of the eurozone has also improved greatly, with the corresponding indicator climbing 21.2 points to a current level of -22.4 points compared to the previous month. The indicator for the current economic situation in the eurozone deteriorated slightly by 1.1 points to a level of -15.6 points.