The Economic Sentiment Indicator in the Euro Area fell by 0.9 points from the previous month to 91.5 in January of 2021, beating market consensus of 89.5 as confidence in retail trade declined and services and consumer confidence fell less. Confidence in the industry improved, while it remained broadly unchanged in construction. Amongst the largest euro-area economies, the ESI dropped in France (-2.6) and Germany (-2.3), while it improved in Spain (+2.4), the Netherlands (+0.6) and Italy (+0.4). source: European Commission
Economic Optimism Index in the Euro Area averaged 99.92 from 1985 until 2021, reaching an all time high of 118.30 in May of 2000 and a record low of 67.60 in March of 2009. This page provides - Euro Area Economic Sentiment Indicator- actual values, historical data, forecast, chart, statistics, economic calendar and news. Euro Area Economic Sentiment Indicator - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.
Economic Optimism Index in Euro Area is expected to be 95.00 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 98.00 in 12 months time. In the long-term, the Euro Area Economic Sentiment Indicator is projected to trend around 101.00 in 2022, according to our econometric models.