The services confidence indicator in the Euro Area fell to 7.0 in May 2023, down from a revised 9.9 the month before and well below market expectations of 10.2. Sentiment among service providers hit its lowest level since November 2022, reflecting less upbeat views on both past and expected demand as well as, to a lesser extent, the past business situation. source: European Commission
Services Sentiment in Euro Area averaged 9.50 points from 1995 until 2023, reaching an all time high of 35.40 points in March of 2000 and a record low of -52.00 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 June of 2023.
Services Sentiment in Euro Area is expected to be 5.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations.