The Industrial Sentiment Indicator in the Euro Area declined by 3 points from the previous month to -8.8 in September 2019, the lowest level since July 2013 and below market forecasts of -6.0. The sharp decline was due to managers' markedly more pessimistic views on all three components, i.e. production expectations, the current level of overall order books and the stocks of finished products. Managers' assessments of the past production and export order books – which are not included in the confidence indicator – deteriorated very significantly, too. German industry morale fell to -15.6 from -11.2 in August, the lowest point since October 2012. Industrial Sentiment in the Euro Area averaged -5.14 from 1985 until 2019, reaching an all time high of 10.20 in January of 2018 and a record low of -37.70 in March of 2009.

Euro Area Industrial Sentiment
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Euro Area Business Last Previous Highest Lowest Unit
Business Confidence -0.22 0.12 1.63 -3.31 Index Points [+]
Services PMI 51.60 53.50 58.30 39.20 Index Points [+]
Manufacturing PMI 45.70 47.00 60.60 33.50 [+]
Composite Pmi 50.10 51.90 58.80 45.70 Index Points [+]
Industrial Production -2.80 -2.10 9.70 -21.40 percent [+]
Industrial Production Mom 0.40 -0.40 3.30 -4.00 percent [+]
Manufacturing Production -2.70 -2.20 10.00 -21.70 percent [+]
Capacity Utilization 81.90 82.80 85.30 69.60 percent [+]
Changes In Inventories 7.71 7.61 27.72 -24.53 EUR Billion [+]
Zew Economic Sentiment Index -23.50 -22.40 89.90 -63.70 [+]
Car Registrations 1047.68 946.33 1139.02 673.29 Thousand [+]
Industrial Sentiment -8.80 -5.80 10.20 -37.70 [+]
Mining Production -4.90 -6.60 42.30 -27.80 percent [+]
Services Sentiment 9.50 9.20 35.30 -25.20 [+]


Euro Area Industrial Sentiment

In the Euro Area, Industrial Sentiment measures the confidence level among manufacturers and accounts for 40 percent of the Economic Sentiment Indicator. This page provides - Euro Area Industrial Sentiment- actual values, historical data, forecast, chart, statistics, economic calendar and news. Euro Area Industrial Sentiment - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-8.80 -5.80 10.20 -37.70 1985 - 2019 Monthly
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Country Last Previous
Australia 50.30 Sep/19
Euro Area -8.80 Sep/19


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