Business Confidence in European Union increased to -21.50 points in June from -27.30 points in May of 2020.
Business Confidence in European Union averaged -5.26 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. European Union Industry Confidence - values, historical data and charts - was last updated on August of 2020.
Business Confidence in European Union is expected to be -20.00 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 -14.00 in 12 months time. In the long-term, the European Union Industry Confidence is projected to trend around -16.00 points in 2021 and -12.00 points in 2022, according to our econometric models.