Macro$ZWS5:00 AM ETdeveloping · v2

German ZEW current conditions index improves to -35.9 in October, beating estimates

By BORSA NewsroomPublished Oct 20, 2026, 5:00 AM EDTUpdated Oct 20, 2026, 5:02 AM EDT

The German ZEW current conditions index for October was released at -35.9, beating the consensus estimate of -44.5 and improving from the previous -47.1. The improvement signals a less pessimistic assessment of the current economic situation in Germany, the largest eurozone economy.

Sentimentbullish 65

Bullish · 65 of 100

Impact40

low · stays off the top drivers

Confidence70%

moderate confidence · 2 wires

Eventdeveloping

v2 · alerted to followers

WHAT WE KNOW

Actual: -35.9
Forecast: -44.5