The ZEW Indicator of Economic Sentiment for Germany recorded a decline in the current April 2022 survey, falling 1.7 points to a new reading of minus 41.0 points. The assessment of the economic situation in Germany has again worsened significantly in the current survey. The corresponding indicator dropped 9.4 points to a level of minus 30.8 points. This is the second time the indicator has recorded a decrease since the start of the war in Ukraine. The expectations and assessments of the economic situation are currently similar to those at the beginning of the COVID-19 pandemic in March 2020.

Source: ZEW
Post by: Republic of Turkiye Ministry of Trade