Business Confidence in European Union increased to -6.10 points in February from -6.90 points in January of 2020. European Union Industry Confidence - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Business Confidence in European Union averaged -5.10 points from 1985 until 2020, reaching an all time high of 9.30 points in January of 2018 and a record low of -36.80 points in March of 2009. This page provides the latest reported value for - European Union Economic Sentiment Indicator - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Business Confidence in European Union is expected to be -10.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in European Union to stand at -8.00 in 12 months time. In the long-term, the European Union Industry Confidence is projected to trend around -4.00 points in 2021, according to our econometric models.

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European Union Industry Confidence

Actual Previous Highest Lowest Dates Unit Frequency
-6.10 -6.90 9.30 -36.80 1985 - 2020 points Monthly

European Union Industry Confidence
In the European Union, the business confidence refers to the sentiment among manufacturers.