The Zew Economic Sentiment Index tracks the sentiment among financial and economic analysts regarding the current and future economic conditions. The data from the analysts are binary (positive or negative) therefore a positive Index shows optimism whereas a negative index shows pessimism. This metric is reported on a monthly basis by Center of European Economic Research (ZEW).
EuroArea ZEW Economic Sentiment Index
In Jun 2017 the indicator increased at 37.7 from 35.1 where it was in the previous month. The figure also surpassed the consensus of 37.2. This figure was at its historical lows of -63.70 in Jul 2008 and at its highs of 89.90 in Jan 2000.