Business Confidence in European Union decreased to -10.20 points in November from -9.50 points in October of 2020. source: European Commission

Business Confidence in European Union averaged -5.34 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 November of 2020.

Business Confidence in European Union is expected to be -18.00 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 -17.00 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.

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European Union Industry Confidence

Actual Previous Highest Lowest Dates Unit Frequency
-10.20 -9.50 9.30 -36.80 1985 - 2020 points Monthly
SA

European Union Business Last Previous Highest Lowest Unit
Industrial Production Mom 0.00 0.90 11.70 -18.20 percent [+]
Manufacturing Production -6.10 -6.30 12.30 -29.30 percent [+]
Industrial Production -5.80 -6.00 12.50 -27.60 percent [+]
Mining Production -10.60 -10.70 12.80 -22.80 percent [+]
Steel Production 12610.00 11111.00 19178.00 8457.00 Thousand Tonnes [+]
Business Confidence -10.20 -9.50 9.30 -36.80 points [+]
Capacity Utilization 76.50 72.40 84.80 68.90 percent [+]
Car Registrations 953615.00 933987.00 1890664.00 270682.00 Units [+]
Changes In Inventories 0.23 10.18 36.35 -24.81 EUR Billion [+]


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