The services confidence indicator in the Euro Area was at 9.5 in February of 2023, falling from the downwardly revised, seven-month high of 10.4 in the previous month and well below market forecasts of 12.4. Sentiment deteriorated considerably for the assessment of the business situation and the expectation of demand levels for the next three months, while the evolution of demand over the previous three months edged slightly higher. source: European Commission
Services Sentiment in Euro Area averaged 9.51 points from 1995 until 2023, reaching an all time high of 35.40 points in March of 2000 and a record low of -52.20 points in May of 2020. This page provides - Euro Area Services Sentiment- actual values, historical data, forecast, chart, statistics, economic calendar and news. Euro Area Services Sentiment - data, historical chart, forecasts and calendar of releases - was last updated on March of 2023.
Services Sentiment in Euro Area is expected to be 11.90 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations.