The economic sentiment indicator in the Euro Area rose to 67.5 in May 2020 from a downwardly revised record low of 64.9 in the previous month but below market expectations of 70.3. Morale improved among manufacturers (-27.5 vs -32.5 in April), retailers (-29.7 vs -30.1) and consumers (-18.8 vs -22). In contrast, sentiment among service providers hit a record low (-43.6 vs -38.6) and among constructors deteriorated (-17.4 vs -16.1). Amongst the bloc's largest economies, the ESI edged up in the Netherlands (+3.5), Germany (+3.2) and Spain (+1.6), while it went broadly sideways in France (-0.3).

Economic Optimism Index in the Euro Area averaged 99.68 from 1985 until 2020, reaching an all time high of 118.60 in May of 2000 and a record low of 64.90 in April of 2020. 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 May of 2020. source: European Commission

Economic Optimism Index in Euro Area is expected to be 89.00 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 97.00 in 12 months time. In the long-term, the Euro Area Economic Sentiment Indicator is projected to trend around 98.00 in 2021 and 100.00 in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Euro Area Economic Sentiment Indicator

Actual Previous Highest Lowest Dates Unit Frequency
67.50 64.90 118.60 64.90 1985 - 2020 Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-02-27 10:00 AM Feb 103.5 102.6 102.8 102.3
2020-03-30 09:00 AM Mar 94.5 103.4 93 92
2020-04-29 09:00 AM Apr 67.0 94.2 74.7 73
2020-05-28 09:00 AM May 67.5 64.9 70.3 72
2020-06-29 09:00 AM Jun 67.5 89
2020-07-30 09:00 AM Jul
2020-08-28 09:00 AM Aug
2020-09-29 09:00 AM Sep 91


News Stream
Eurozone Economic Sentiment Remains Weak
The economic sentiment indicator in the Euro Area rose to 67.5 in May 2020 from a downwardly revised record low of 64.9 in the previous month but below market expectations of 70.3. Morale improved among manufacturers (-27.5 vs -32.5 in April), retailers (-29.7 vs -30.1) and consumers (-18.8 vs -22). In contrast, sentiment among service providers hit a record low (-43.6 vs -38.6) and among constructors deteriorated (-17.4 vs -16.1). Amongst the bloc's largest economies, the ESI edged up in the Netherlands (+3.5), Germany (+3.2) and Spain (+1.6), while it went broadly sideways in France (-0.3).
2020-05-28
Eurozone Economic Sentiment Hits 11-Year Low
The economic sentiment indicator in the Euro Area plunged 27.2 points from the previous month to 67.0 in April 2020, the lowest level since March 2009, as the Covid-19 crisis escalated. Morale deteriorated sharply among service providers (-35.0 vs -2.3 in March), retailers (-28.3 vs -8.6), manufacturers (-30.4 vs -11.2), constructors (-12.8 vs 2.3) and consumers (-22.7 vs -11.6). Amongst the bloc's largest economies, the ESI crashed in the Netherlands (-32.6), Spain (-26.0), Germany (-19.9), and France (-16.3), while no data could be collected in Italy due to the strict confinement measures.
2020-04-29
Eurozone Economic Sentiment Falls Most on Record
The economic sentiment indicator in the Euro Area dropped 8.9 points from the previous month to 94.5 in March 2020, suffering its steepest monthly decline since records began in 1985. Morale deteriorated sharply among service providers (-2.2 vs 11.1 in February), retailers (-8.3 vs -0.2), manufacturers (-10.8 vs -6.2), constructors (2.7 vs 5.4) and consumers (-11.6 vs -6.6). Among the bloc's largest economies, sentiment fell sharpest in Italy, the European country worst hit by the health crisis, and in Germany. Survey responses were collected between February 26th and March 23rd, most of them before national measures were enacted to combat the rapid spread of Covid-19.
2020-03-30
Eurozone Economic Sentiment Hits 9-Month High
The Eurozone economic sentiment indicator rose 0.9 points from a month earlier to 103.5 in February 2020, the highest since last May and above market expectations of 102.8. Confidence improved among manufacturers (-6.1 vs -7.0 in January), service providers (11.2 vs 11.0) and consumers (-6.6 vs -8.1), while a morale deterioration was seen among retailers (-0.2 vs -0.1) and constructors (5.3 vs 5.8).
2020-02-27

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).