Área Euro Sentimento Econômico ZEW

The ZEW Indicator of Economic Sentiment for the Euro Area rose by 0.8 points from the prior month to 36.1 in July 2025, the highest reading in four months, though missing market estimates of 37.8. In July, about 48.1% of the surveyed analysts expected no changes in economic activity, 44% predicted improvement and 7.9% anticipated a deterioration. In the meantime, the indicator of the current economic situation increased by 6.5 points to -24.2 and inflation expectations rose by 8.9 points to -5.8.