ZEW index of economic sentiment in Germany fell slightly in February

ZEW index of economic sentiment in Germany for February was 45.1 points compared with 47.2 points a month earlier. Despite the decline, the value index has surpassed expectations of analysts, forecast decline to 42.5 points. Note that the index decreases the fifth consecutive month, but its current level is much higher than the historical average 27.1 points.

In the ZEW survey indicates that expectations are at an acceptable level. Despite the fact that the recession will be over, concerns about the labor market, budget deficits and the euro has not decreased. There is a variant of that economic activity will move laterally with minor cuts and promotions.
The index of current conditions in Germany rose in February to 1.8 points to minus 54.8 points.

Index Eurozone ZEW economic sentiment fell for the reporting period from 46,4 to 40,2 points. The index of current conditions in the euro area improved in January to 0.6 points to minus 62.1.