The ZEW Indicator of Economic Sentiment is a monthly survey that measures the economic outlook of financial experts in Germany. It reflects their expectations for the country's economic development over the next six months, providing insights into future economic trends. This indicator is published by the Zentrum für Europäische Wirtschaftsforschung (ZEW) and is based on responses from analysts and institutional investors. A higher value indicates optimism about economic growth, while a lower value suggests pessimism, making it a valuable tool for policymakers and investors to gauge economic sentiment.