Germany November 2025 ZEW Economic Sentiment Index: Optimistic Outlook

The Center for European Economic Research (ZEW) released Germany’s November ZEW Economic Sentiment Index on October 14, 2025. The published value was 39.3; no consensus forecast was provided, with the previous reading also at 39.3.Data definition: The ZEW Economic Sentiment Index is derived from a survey of 350 financial experts and aims to assess Germany’s medium-term economic outlook. Respondents evaluate both current conditions and future trends by indicating “optimistic,” “pessimistic,” or “unchanged.” The report is straightforward and provides an immediate gauge of market sentiment.Market impact: A reading above the forecast is considered positive for the euro. This indicator is assigned an importance rating of 3 and is calculated based on a survey of investors and analysts. It is released monthly, with the next publication scheduled for December 16, 2025.

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