Expectations Slightly Decline

(PresseBox) ( Mannheim, )
In January 2015 economic expectations for Central and Eastern Europe including Turkey (CEE region) slightly decrease. In the current survey the ZEW-Erste Group Bank Economic Sentiment Indicator for the CEE region has dropped by 5.4 points following a double-digit increase of 18.0 points in December 2014. The indicator currently stands at a level of 25.1 points. The ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe reflects the financial market experts' expectations for the CEE region on a six-month time horizon. The indicator has been compiled on a monthly basis together with further financial market data by the Mannheim Centre for European Economic Research (ZEW) with the support of Erste Group Bank, Vienna, since 2007.

In January 2015 the experts' assessment of the current economic situation for the CEE region improves by 3.9 points and reaches a level of 8.3 points.

Information concerning further indicators for the CEE region, the Eurozone, the individual CEE countries covered by the analysis, and Austria can be found in the attached press release. The answers of all survey participants are taken into account for the calculation of the indicators for the CEE region, the Eurozone and Turkey. The answers of the Turkish survey participants are not incorporated into the calculation of the indicators for individual CEE countries and Austria, because their high participation share in the survey could cause significant biases in the survey results.
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