The services confidence indicator in the Euro Area rose to 2.1 in April 2021, the highest level since February 2020, driven by managers’ more optimistic demand expectations, as well as more positive views on the past business situation and past demand. source: European Commission
Services Sentiment in the Euro Area averaged 9.26 from 1995 until 2021, reaching an all time high of 35 in June of 1998 and a record low of -43.50 in May of 2020. This page provides - Euro Area Services Sentiment- actual values, historical data, forecast, chart, statistics, economic calendar and news. Euro Area Services Sentiment - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.
Services Sentiment in Euro Area is expected to be 7.50 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Services Sentiment in Euro Area to stand at 15.00 in 12 months time. In the long-term, the Euro Area Services Sentiment is projected to trend around 25.00 in 2022 and 12.00 in 2023, according to our econometric models.