Euro Area Changes In Inventories  Forecast


Changes In Inventories in Euro Area is expected to be 4.30 EUR Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Changes In Inventories in Euro Area to stand at 5.35 in 12 months time. In the long-term, the Euro Area Changes In Inventories is projected to trend around 5.90 EUR Billion in 2020, according to our econometric models.


Euro Area Changes In Inventories
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Euro Area Business Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Business Confidence 1.09 1.09 1.05 1.02 0.98 1
Manufacturing PMI 58.2 58.2 57.7 57.5 56.8 53.1
Services PMI 55.6 55.6 55.9 55.7 55.4 53.3
Composite Pmi 56.7 56.7 56.5 56.4 56.3 51.9
Industrial Production 3.2 3.2 3.1 3.3 3.2 2.4
Industrial Production Mom 0.1 0.3 0.4 0.2 0.3 0.1
Manufacturing Production 3.4 4 3.7 3.6 3.4 3.9
Capacity Utilization 83.2 82.8 82.9 83 83.1 84.8
Changes In Inventories 3.48 4.3 4.08 4.59 5.35 5.9
Zew Economic Sentiment Index 31.7 30 29 25 24 32
Car Registrations 921 897 904 908 871 948
Mining Production 9.3 0.2 0.4 1.5 2 2.1