In March 2023, the ZEW Index of Economic Sentiment for Germany fell precipitously to 13.0 points, a drop of 15.1 points from the previous month’s figure. Expectations, nevertheless, are still in the positive.
The opinion of Germany’s economic situation has somewhat deteriorated. According to the ZEW’s March 2023 poll, the comparable indicator is now at -46.5 points, down 1.4 points from the previous month.
The global financial markets are under a lot of stress. The ZEW Index of Economic Sentiment likewise exhibits this high level of uncertainty. The evaluation of the banks’ earnings growth has significantly declined, but it is still marginally positive. In addition, the predictions for the insurance sector have drastically decreased, according to ZEW president professor Achim Wambach.
The The perception of financial market specialists about the state of the eurozone’s economy declined significantly in March, falling 19.7 points to its current score of 10.0 points. With -44.6 points right now, the scenario indicator is 3.0 points below where it was this time last month.
