The economic sentiment indicator for the Euro Area slumped to 103.3 in June 2019 from a revised 105.2 in the previous month and well below market expectations of 104.6. That was the lowest reading since August 2016, as sentiment among manufacturers plunged 2.7 points to -5.6, the largest drop in about eight years. In addition, confidence deteriorated among service providers (11.0 vs 12.1 in May) and consumers (-7.2 vs -6.5), while an improvement was seen in sentiment among retailers (0.1 vs -0.9) and constructors (7.7 vs 4.1). The largest falls in confidence were recorded in Germany and Italy, followed by France, the Netherlands and Spain. Economic Optimism Index in the Euro Area averaged 100.80 from 1985 until 2019, reaching an all time high of 118.10 in May of 2000 and a record low of 68.30 in March of 2009.

Economic Optimism Index in Euro Area is expected to be 104.90 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Economic Optimism Index in Euro Area to stand at 104.30 in 12 months time. In the long-term, the Euro Area Economic Sentiment Indicator is projected to trend around 104.00 in 2020, according to our econometric models.

Euro Area Economic Sentiment Indicator
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Calendar GMT Actual Previous Consensus TEForecast
2019-03-28 10:00 AM Economic Sentiment Mar 105.5 106.2 105.9 105.1
2019-04-29 09:00 AM Economic Sentiment Apr 104 105.6 105 105.1
2019-05-28 09:00 AM Economic Sentiment May 105.1 103.9 104 104.4
2019-06-27 09:00 AM Economic Sentiment Jun 103.3 105.2 104.6 104.9
2019-07-30 09:00 AM Economic Sentiment Jul 103.3 102.5
2019-08-29 09:00 AM Economic Sentiment Aug 102.1
2019-09-27 09:00 AM Economic Sentiment Sep 101.5


Euro Area Consumer Last Previous Highest Lowest Unit
Consumer Confidence -7.20 -6.50 -1.40 -23.90 Index Points [+]
Retail Sales MoM -0.30 -0.10 2.80 -2.10 percent [+]
Retail Sales YoY 1.30 1.80 6.00 -4.60 percent [+]
Consumer Spending 1433.28 1425.70 1433.28 1045.03 EUR Billion [+]
Disposable Personal Income 1787679.00 1769770.00 1787679.00 1068215.00 EUR Million [+]
Personal Savings 12.60 12.13 14.27 11.35 percent [+]
Private Sector Credit 13622056.60 13595999.60 13622056.60 4998832.00 EUR Million [+]
Bank Lending Rate 2.00 2.01 6.52 1.97 percent [+]
Consumer Credit 700217.16 694574.20 700217.16 359891.93 EUR Million [+]
Economic Optimism Index 103.30 105.20 118.10 68.30 [+]
Households Debt To GDP 57.70 57.60 64.10 46.30 percent of GDP [+]
Households Debt To Income 93.49 94.00 98.13 71.02 percent [+]
Consumer Confidence Current Conditions -5.30 -9.20 -2.80 -65.40 [+]
Consumer Confidence Economic Expectations -0.50 -4.10 4.20 -43.70 [+]
Consumer Confidence Financial Expectations -0.70 -0.90 4.90 -13.40 [+]
Consumer Confidence Major Purchases Expectations -17.30 -18.10 -12.00 -28.20 [+]
Consumer Confidence Price Trends 21.90 23.20 54.80 -12.50 Index Points [+]
Consumer Confidence Savings Expectations -3.50 -5.20 1.30 -17.50 [+]
Consumer Confidence Unemployment Expectations 0.60 3.00 68.80 -1.70 [+]


Euro Area Economic Sentiment Indicator

In the Euro Area, the Economic sentiment indicator is a composite measure (average=100) that calculates the confidence level among: manufacturers (40 percent of the index); service providers (30 percent); consumers (20 percent); retailers (5 percent) and constructors (5 percent). This page provides - Euro Area Economic Sentiment Indicator- actual values, historical data, forecast, chart, statistics, economic calendar and news. Euro Area Economic Sentiment Indicator - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
103.30 105.20 118.10 68.30 1985 - 2019 Monthly
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Country Last Previous
Euro Area 103.30 Jun/19
South Korea 92.40 Jun/19
Turkey 83.40 Jun/19
United States 56.60 Jul/19


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