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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
European UnionEurozone ZEW Economic Sentiment Index climbed to -9.1 in May 2026
FMPMonthlyReleased May 2026
Eurozone ZEW Economic Sentiment Index climbed to -9.1 in May 2026, up 11.3 from April's -20.4 reading. The print exceeded the -20 consensus by 10.9. The print is running well below the 12-month average of 22.24. Over the past 3 months, ZEW Economic Sentiment Index averaged 3.5, vs 37.25 in the prior 3-month window. The reading is in the 10th percentile of the trailing 24-month range.
Latest Release
-9.1
Actual
-20
Consensus
-20.4
Previous
The May 2026 reading rose from the previous value of -20.4. Historically, this indicator is negatively correlated with EUR/CHF (Bearish EUR) and negatively correlated with BTC/USD (Bearish BTC).
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ZEW Economic Sentiment Index - EU
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Economic Calendar - EU Events
| Tuesday, May 12, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 09:00 | EU | 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 | EU | GDP Growth Rate QoQ | 0.1 | 0.2 | 0.1 | 0.10 | Low |
| 09:00 | EU | Employment Change QoQ | 0.1 | 0.2 | 0.1 | 0.13 | Medium |
| 09:00 | EU | Industrial Production MoM | 0.2 | 0.2 | 0.3 | 0.25 | Medium |
| 09:00 | EU | GDP Growth Rate YoY | 0.8 | 1.2 | 0.8 | 0.80 | Low |
| 09:00 | EU | Employment Change YoY | 0.5 | 0.7 | 0.5 | 0.55 | Medium |
| 09:00 | EU | Industrial Production YoY | -2.1 | -0.8 | -1.7 | -1.90 | Low |
| 09:00 | EU | Gross Domestic Product QoQ | 0.1 | 0.2 | 0.1 | 0.10 | Medium |
| 09:00 | EU | Gross Domestic Product YoY | 0.8 | 1.2 | 0.8 | 0.80 | Medium |