The industrial confidence indicator in the Euro Area fell to 3.5 in July of 2022, the lowest since February last year. It compares with 7 in June and market forecasts of 6. Sentiment also weakened in the European Union (2 vs 4.8), amid significant deteriorations in managers’ assessment of the current level of overall order books and their production expectations. At the same time, assessments of the stocks of finished products rose markedly, pointing to weakening sales. source: European Commission
Industrial Sentiment in the Euro Area averaged -4.69 from 1985 until 2022, reaching an all time high of 14 in October of 2021 and a record low of -37.60 in March of 2009. This page provides - Euro Area Industrial Sentiment- actual values, historical data, forecast, chart, statistics, economic calendar and news. Euro Area Industrial Sentiment - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.
Industrial Sentiment in Euro Area is expected to be -1.20 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Industrial Sentiment is projected to trend around 5.00 in 2023 and 4.50 in 2024, according to our econometric models.