The services confidence indicator in the Euro Area rose by 3.0 points from a month earlier to 10.7 in January 2023, the highest level since June last year and comfortably above market consensus of 7.9. Sentiment improved markedly due to firms’ more optimistic views on all three components: past business and demand situation; and demand expectations. source: European Commission
Services Sentiment in Euro Area averaged 9.51 points from 1995 until 2023, reaching an all time high of 35.40 points in March of 2000 and a record low of -52.20 points 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 February of 2023.
Services Sentiment in Euro Area is expected to be 11.90 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations.