- Prior -34.8
- Economic sentiment -8.5 vs -13.1 expected
- Prior -10.7
That’s a miss on the headline estimate but at least the outlook reading is seen improving slightly, beating expectations of a further deterioration. ZEW notes that experts still do not anticipate an improvement in the economic situation in 2H 2023 for now but says that the current recession in general is not considered particularly alarming.