Economic Optimism Index in European Union decreased to 86.60 in November from 90 in October of 2020. source: European Commission

Economic Optimism Index in European Union averaged 99.03 from 1985 until 2020, reaching an all time high of 118.30 in May of 2000 and a record low of 63.80 in April of 2020. This page provides - European Union Economic Sentiment Indicator- actual values, historical data, forecast, chart, statistics, economic calendar and news. European Union Economic Sentiment Indicator - values, historical data and charts - was last updated on November of 2020.

Economic Optimism Index in European Union is expected to be 85.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Economic Optimism Index in European Union to stand at 90.00 in 12 months time. In the long-term, the European Union Economic Sentiment Indicator is projected to trend around 94.00 in 2021 and 99.00 in 2022, according to our econometric models.

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European Union Economic Sentiment Indicator

Actual Previous Highest Lowest Dates Unit Frequency
86.60 90.00 118.30 63.80 1985 - 2020 Monthly
SA

European Union Consumer Last Previous Highest Lowest Unit
Consumer Spending 1511.14 1716.59 1791.16 1221.85 EUR Billion [+]
Personal Savings 23.90 15.56 23.90 11.10 percent [+]
Retail Sales Mom -1.70 3.60 18.20 -11.20 percent [+]
Retail Sales Yoy 2.10 4.10 4.80 -17.90 percent [+]
Economic Optimism Index 86.60 90.00 118.30 63.80 [+]
Consumer Confidence -18.70 -16.50 -1.50 -23.00 points [+]
Consumer Confidence Current Conditions -8.50 -10.40 -4.80 -65.90 [+]
Consumer Confidence Economic Expectations -5.00 -6.90 1.40 -39.80 [+]
Consumer Confidence Financial Expectations 0.20 0.50 5.40 -12.60 [+]
Consumer Confidence Major Purchases Expectations -14.60 -15.00 -9.90 -27.20 [+]
Consumer Confidence Price Trends 18.30 18.00 48.80 -11.50 [+]
Consumer Confidence Savings Expectations -0.40 -1.50 2.20 -16.60 [+]
Consumer Confidence Unemployment Expectations 3.50 5.20 67.10 0.80 [+]


European Union Economic Sentiment Indicator
In the European Union, the Economic sentiment indicator is a composite measure (average=100) that calculates the confidence level among: manufacturers (40 percent of the index); service providers (30 percent); consumers (20 percent); retailers (5 percent) and constructors (5 percent).