The latest ZEW economic expectations for the Eurozone have dropped to 9.3 in September 2024, significantly below the forecast of 16.3. This is also lower than the previous month’s figure of 17.9.
These expectations, based on assessments from financial experts, indicate growing uncertainty about the economic outlook in the Eurozone. The lower-than-expected value suggests that experts are becoming cautious about the region’s potential for growth and may anticipate possible economic challenges in the coming months.
The ZEW Economic Sentiment Index is a German economic indicator that measures the level of optimism that analysts have about the economy over the next six months.