The economic sentiment indicator in the Euro Area dropped to 117.5 in August 2021, from an all-time high of 119.0 in the previous month and below market expectations of 117.9. Sentiment deteriorated for the first time since January's slight decline, amid concerns over the Delta coronavirus variant. Morale among service providers decreased from a 14-year high (down 2.1 points to 16.8) and that among manufacturers fell from its highest level on record (down 0.8 points to 13.7). Sentiment among consumers was also down 0.9 points to -5.3. Meanwhile, there was an improvement in confidence among retailers (up 0.2 points to 4.6) and constructors (up 1.5 points to 5.5). source: European Commission
Economic Optimism Index in the Euro Area averaged 100.09 from 1985 until 2021, reaching an all time high of 119 in July of 2021 and a record low of 67.60 in March of 2009. This page provides - Euro Area Economic Sentiment Indicator- actual values, historical data, forecast, chart, statistics, economic calendar and news. Euro Area Economic Sentiment Indicator - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.
Economic Optimism Index in Euro Area is expected to be 115.90 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Economic Sentiment Indicator is projected to trend around 107.00 in 2022 and 102.00 in 2023, according to our econometric models.