Business Confidence In the Euro Area increased to -0.19 points in July from -0.36 points in June of 2026. Business Confidence in Euro Area averaged 0.00 points from 1985 until 2026, reaching an all time high of 1.91 points in November of 2021 and a record low of -3.33 points in March of 2009. source: European Commission

Business Confidence in Euro Area is expected to be -0.50 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Business Climate Indicator is projected to trend around -0.30 points in 2027 and -0.20 points in 2028, according to our econometric models.



Related Last Previous Unit Reference
Business Confidence -0.19 -0.36 points Jul 2026
Capacity Utilization 78.50 77.60 percent Jun 2026
Industrial Sentiment -6.10 -7.50 points Jul 2026
Services Sentiment 4.70 4.20 points Jul 2026


Euro Area Business Climate Indicator
The Business Climate Indicator (BCI) is calculated in order to receive a timely composite indicator for the manufacturing sector in the euro area. The indicator uses, as input series, five balances of opinion from the industry survey: production trends in recent months, order books, export order books, stocks and production expectations. The BCI therefore deviates from the industrial confidence indicator, which is based on only three input series. The survey is made by phone and covers 23,000 companies in the Euro Area.
Actual Previous Highest Lowest Dates Unit Frequency
-0.19 -0.36 1.91 -3.33 1985 - 2026 points Monthly
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