The ZEW Indicator of Economic Sentiment for the Euro Area climbed by 8.7 points from the prior month to 33.7 in December 2025, the highest reading in five months. Figures came above market forecasts of 26.3. In December, about 57.1% of the surveyed analysts expected no changes in economic activity, 38.3% predicted improvement and 4.6% anticipated a deterioration. In the meantime, the indicator of the current economic situation fell by 1.2 points to -28.5 and inflation expectations went down by 1.9 points to -4.6.