The economic sentiment indicator in the Euro Area fell for a eleventh consecutive month to 109.5 in November 2018 from a downwardly revised 109.7 in the previous month, but still above market expectations of 109.0. It remained at the lowest level since May 2017 amid a steep deterioration in consumer morale (-3.9 vs -2.7 in October). Meanwhile, sentiment was unchanged among service providers (at 13.3) and constructors (at 7.9), while confidence improved among manufacturers (3.4 vs 3.0) and retailers (-0.6 vs -0.8). Economic Optimism Index in the Euro Area averaged 100.84 from 1985 until 2018, reaching an all time high of 118.30 in May of 2000 and a record low of 68.50 in March of 2009.

Economic Optimism Index in Euro Area is expected to be 110.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Economic Optimism Index in Euro Area to stand at 109.00 in 12 months time. In the long-term, the Euro Area Economic Sentiment Indicator is projected to trend around 108.00 in 2020, according to our econometric models.

Euro Area Economic Sentiment Indicator
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-30 09:00 AM Economic Sentiment 111.6 112.1 111.9 111.5
2018-09-27 09:00 AM Economic Sentiment 110.9 111.6 111.2 111.1
2018-10-30 10:00 AM Economic Sentiment 109.8 110.9 110.0 110.5
2018-11-29 10:00 AM Economic Sentiment 109.5 109.7 109 109.5
2019-01-08 10:00 AM Economic Sentiment 110
2019-01-28 10:00 AM Economic Sentiment
2019-02-27 10:00 AM Economic Sentiment


Euro Area Consumer Last Previous Highest Lowest Unit
Consumer Confidence -3.90 -2.70 2.00 -34.70 Index Points [+]
Retail Sales MoM 0.30 -0.50 2.80 -2.00 percent [+]
Retail Sales YoY 1.70 0.30 6.00 -4.60 percent [+]
Consumer Spending 1420.77 1419.35 1420.77 1045.03 EUR Billion [+]
Disposable Personal Income 1758164.00 1742505.00 1758164.00 1074880.00 EUR Million [+]
Personal Savings 12.08 11.95 14.32 11.76 percent [+]
Private Sector Credit 13381018.60 13357626.10 13381018.60 4998832.00 EUR Million [+]
Bank Lending Rate 1.99 2.01 6.52 1.99 percent [+]
Consumer Credit 683519.90 676704.37 683519.90 359891.93 EUR Million [+]
Economic Optimism Index 109.50 109.70 118.30 68.50 [+]
Households Debt To GDP 57.80 58.10 64.10 46.30 percent of GDP [+]
Households Debt To Income 94.00 94.23 98.13 71.02 percent [+]
Consumer Confidence Current Conditions -5.30 -9.20 -2.80 -65.40 [+]
Consumer Confidence Economic Expectations -0.50 -4.10 4.20 -43.70 [+]
Consumer Confidence Financial Expectations -0.70 -0.90 4.90 -13.40 [+]
Consumer Confidence Major Purchases Expectations -17.30 -18.10 -12.00 -28.20 [+]
Consumer Confidence Price Trends 21.10 21.60 50.60 -16.30 Index Points [+]
Consumer Confidence Savings Expectations -3.50 -5.20 1.30 -17.50 [+]
Consumer Confidence Unemployment Expectations 0.60 3.00 68.80 -1.70 [+]


Euro Area Economic Sentiment Indicator

In the Euro Area, the Economic sentiment indicator is a composite measure (average=100) that calculates the confidence level among: manufacturers (40 percent of the index); service providers (30 percent); consumers (20 percent); retailers (5 percent) and constructors (5 percent). This page provides - Euro Area Economic Sentiment Indicator- actual values, historical data, forecast, chart, statistics, economic calendar and news. Euro Area Economic Sentiment Indicator - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
109.50 109.70 118.30 68.50 1985 - 2018 Monthly
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Country Last Previous
Euro Area 109.50 Nov/18
Turkey 73.70 Nov/18
United States 52.60 Dec/18


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