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Economic Sentiment fell to -9.1 in May 2026, down 102.1 from April's 93 reading. The reading missed the 91 consensus by 100.1. Economic Sentiment has now declined for 4 consecutive months. Over the past 3 months, Economic Sentiment averaged 94.8, vs 68.05 in the prior 3-month window. Economic Sentiment is now the lowest in 13 months.
The May 2026 reading fell from the previous value of 93. Historically, this indicator is negatively correlated with S&P 500 (Bearish S&P 500) and negatively correlated with EUR/CHF (Bearish EUR).
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| Tuesday, May 12, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 09:00 | ZEW Economic Sentiment Index | -9.1 | -20.4 | -20 | -14.55 | Medium | |
| Wednesday, May 13, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 09:00 | GDP Growth Rate QoQ | 0.2 | 0.3 | 0.30 | Low | ||
| 09:00 | Employment Change QoQ | 0.2 | 0.1 | 0.10 | Medium | ||
| 09:00 | Industrial Production MoM | 0.4 | 0.2 | 0.20 | Medium | ||
| 09:00 | GDP Growth Rate YoY | 1.2 | 1.2 | 1.20 | Low | ||
| 09:00 | Employment Change YoY | 0.7 | 0.6 | 0.60 | Medium | ||
| 09:00 | Industrial Production YoY | -0.6 | -1.8 | -1.80 | Low | ||