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commerce
shāng yè
商业
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Germany
Déguó
德国
economy / economic
jīngjì
经济
economic sentiment / business climate
jǐngqì
景气
index
zhǐshù
指数
sharply / by a large margin
dàfú
大幅
to slide down / to fall
xiàhuá
下滑
market
shìchǎng
市场
confidence
xìnxīn
信心
suffered / took a hit
zāoshòu
遭受
a heavy blow / sharp setback
zhòngcuò
重挫

Germany
Déguó
德国
ZEW (German economic research institute)
ZEW
ZEW
economic
jīngjì
经济
sentiment / business climate
jǐngqì
景气
index
zhǐshù
指数
from
cóng
this year
jīnnián
今年
February
èr yuè
2月
(possessive particle)
de
58.3 points
58.3 diǎn
58.3点
plunged to
zhòujiàng zhì
骤降至
April
sì yuè
4月
(possessive particle)
de
minus 17.2 points
fù 17.2 diǎn
负17.2点
within two months
liǎng gè yuè nèi
两个月内
fell
xiàdiē
下跌
magnitude / by a margin
fúdù
幅度
as high as / reaching
gāodá
高达
75.5 points
75.5 diǎn
75.5点
this (occurrence)
cǐ cì
此次
decline / drop
xiàhuá
下滑
speed / pace
sùdù
速度
is considered to be
bèi rènwéi
被认为
is
shì
since
2022
2022 nián
2022年
the Russia-Ukraine War
É-Wū Zhànzhēng
俄乌战争
broke out
bàofā
爆发
since then
yǐlái
以来
most
zuì
dramatic / severe
jùliè de
剧烈的
one occurrence / episode
yī cì
一次

April 23, 2026 at 10:00 AM

Germany
Déguó
德国
economic
jīngjì
经济
research institution
yánjiū jīgòu
研究机构
released by / published by
fābù de
发布的
ZEW (German economic research institute)
ZEW
ZEW
index
zhǐshù
指数
shows / indicates
xiǎnshì
显示
Germany
Déguó
德国
economic
jīngjì
经济
sentiment
jǐngqì
景气
expectations
yùqī
预期
in
zài
just / merely (a short time)
duǎnduǎn
短短
within two months
liǎng gè yuè nèi
两个月内
sharply / drastically
jùjù
急剧
deteriorated / worsened
èhuà
恶化
the said index / the index
gāi zhǐshù
该指数
from
cóng
this year
jīnnián
今年
February
èr yuè
2月
(possessive particle)
de
58.3 points
58.3 diǎn
58.3点
fell to
xiàjiàng zhì
下降至
April
sì yuè
4月
(possessive particle)
de
minus 17.2 points
fù 17.2 diǎn
负17.2点
the decline / magnitude of the drop
jiàngfú
降幅
reached / amounted to
75.5 points
75.5 diǎn
75.5点
analysts
fēnxī rénshì
分析人士
pointed out
zhǐchū
指出
such / so
rúcǐ
如此
large-scale / significant
dàfúdù de
大幅度的
drop / decline
xiàdiē
下跌
pace / speed
sùdù
速度
comparable with
March 2022
2022 nián sān yuè
2022年3月
Russia-Ukraine War
É-Wū Zhànzhēng
俄乌战争
broke out
bàofā
爆发
the initial period
chūqī
初期
comparable / equivalent
xiāngdāng
相当
global
quánqiú
全球
trade
màoyì
贸易
uncertainty
bù quèdìngxìng
不确定性
worsened / intensified
jiājù
加剧
as well as
yǐjí
以及
US / American
Měiguó
美国
tariffs
guānshuì
关税
policy
zhèngcè
政策
brought about by
dàilái de
带来的
pressure
yālì
压力
are
shì
leading to
dǎozhì
导致
business
qǐyè
企业
and
investors
tóuzīzhě
投资者
confidence
xìnxīn
信心
declining
xiàhuá
下滑
(possessive particle)
de
primary / main
zhǔyào
主要
reason / cause
yuányīn
原因
Germany
Déguó
德国
is
shì
Europe
Ōuzhōu
欧洲
the largest
zuì dà de
最大的
economy
jīngjì tǐ
经济体
its
economic
jīngjì
经济
condition / situation
zhuàngkuàng
状况
has an impact on
duì
the entire
zhěnggè
整个
the Eurozone
Ōuyuán qū
欧元区
(possessive particle)
de
trajectory / trend
zǒushì
走势
has / exerts
jùyǒu
具有
important / significant
zhòngyào
重要
influence
yǐngxiǎng
影响
Germany
Déguó
德国
manufacturing industry
zhìzào yè
制造业
especially / in particular
yóuqí
尤其
faces / is confronted with
miànlín
面临
pressure
yālì
压力
automotive / automobile
qìchē
汽车
and
chemical / petrochemical
huàgōng
化工
industry / sector
hángyè
行业
affected by
shòudào
受到
overseas / foreign
hǎiwài
海外
demand
xūqiú
需求
weakening
jiǎnruò
减弱
and
energy
néngyuán
能源
costs
chéngběn
成本
rising
shàngshēng
上升
(possessive particle)
de
double / dual
shuāngchóng
双重
impact / blow
chōngjī
冲击
analysts
fēnxī shī
分析师
warned
jǐnggào
警告
that / stating
chēng
if
ruò
trade
màoyì
贸易
tensions
jǐnzhāng
紧张
situation
júshì
局势
continues / persists
chíxù
持续
Germany
Déguó
德国
the economy
jīngjì
经济
in
zài
this year
jīnnián
今年
may / possibly
kěnéng
可能
face
miànlín
面临
falling into
xiànrù
陷入
recession
shuāituì
衰退
(possessive particle)
de
risk
fēngxiǎn
风险
the European Central Bank / ECB
Ōuzhōu Yāngháng
欧洲央行
officials
guānyuán
官员
stated
biǎoshì
表示
will
jiāng
closely
mìqiè
密切
monitor / watch
guānzhù
关注
each / various
member states
chéngyuán guó
成员国
economic
jīngjì
经济
situation / conditions
xíngshì
形势
and
bìng
when
zài
when necessary
bìyào shí
必要时
to take
cǎiqǔ
采取
corresponding / appropriate
xiāngyìng
相应
measures / steps
cuòshī
措施

New Words

jīngjì jǐngqì
经济景气
economic sentiment
yùqī
预期
expectations
èhuà
恶化
deteriorate / worsen
màoyì bù quèdìngxìng
贸易不确定性
trade uncertainty
guānshuì
关税
tariffs
zhèngcè
政策
policy
xìnxīn
信心
confidence
zhìzàoyè
制造业
manufacturing industry
shuāituì
衰退
recession
Ōuyuán qū
欧元区
Eurozone

News in English

Business

German ZEW Economic Sentiment Index Plunges to Three-Year Low in April 2026

Germany ZEW economic sentiment index fell from plus 58.3 in February to minus 17.2 in April 2026, a drop of 75.5 points in two months and the sharpest two-month decline since the Russia-Ukraine War began.

Germany's economic research institute ZEW index shows that German economic sentiment expectations have sharply deteriorated within just two months.

The index fell from 58.3 points in February to minus 17.2 points in April, with a decline magnitude of 75.5 points.

Analysts point out that the pace of such a sharp drop is comparable to the initial period when the Russia-Ukraine War broke out in March 2022.

Increased global trade uncertainty and pressure from US tariff policy are leading to declining business and investor confidence.

Germany is Europe's largest economy, and its economic condition significantly impacts the entire Eurozone's trajectory.

Germany's manufacturing industry, particularly the automotive and petrochemical sectors, faces pressure as overseas demand weakens and energy costs rise.

Analysts warned that if trade tensions persist, Germany's economy may face recession risk this year.

ECB officials stated they will closely monitor the economic situation in each member state and take appropriate measures when necessary.

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to receive / to get
shōudào
收到
$600 million
6 yì měiyuán
6亿美元
tax refund / tariff refund
tuìshuì
退税
will (future marker)
jiāng
a portion / part
bùfèn
部分
to return / to refund
fǎnhuán
返还
to / for
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gùkè
顾客

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qīyuèfèn
七月份
manufacturing sector
zhìzàoyè
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PMI (Purchasing Managers Index)
PMI
PMI
to drop to / fall to
diè zhì
跌至
49.2 (contraction territory)
49.2
49.2
five months
wǔ gè yuè
五个月
within the past period / since
lái
for the first time
shǒucì
首次
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wěisuō
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Bank of England
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英格兰银行
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liù bǐ sān piào
六比三票
to maintain / to keep
wéichí
维持
base interest rate / benchmark rate
jīzhǔn lìlǜ
基准利率
3.75 percent
3.75%
3.75%
unchanged / constant
búbiàn
不变

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the United States
Měiguó
美国
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dì èr jìdù
第二季度
GDP (gross domestic product)
GDP
GDP
to grow / growth
zēngzhǎng
增长
1.5 percent
1.5%
1.5%
lower than / below
dīyú
低于
market
shìchǎng
市场
expectations / forecast
yùqī
预期

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