In March 2024, The ZEW Indicator of Economic Sentiment for Germany continues its upward trend for an eighth consecutive month, reaching +31.7, its highest level since February 2022, and surpassing the market forecasts of +20.5.

According to Professor Achim Wambach, President of ZEW, economic expectations for Germany are experiencing significant improvement. Additionally, more than 80% of respondents anticipate a potential interest rate cut by the ECB within the next six months.