The economic sentiment indicator for the Euro Area fell for a 16th consecutive month to 104 in April 2019 from a revised 105.6 in the previous month and below market expectations of 105. It was the lowest reading since September 2016 mainly due to a steep deterioration in industry sentiment (-4.1 vs -1.6 in March). In addition, morale worsened among consumers (-7.9 vs -7.2), retailers (-1.1 vs 0.3) and constructors (6.7 vs 7.5), while confidence among service providers was unchanged (at 11.5). Economic Optimism Index in the Euro Area averaged 100.77 from 1985 until 2019, reaching an all time high of 118.10 in May of 2000 and a record low of 68.30 in March of 2009.

Economic Optimism Index in Euro Area is expected to be 105.90 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 106.00 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
2019-01-30 10:00 AM Economic Sentiment 106.2 107.4 106.8 106.8
2019-02-27 10:00 AM Economic Sentiment 106.1 106.3 106 106
2019-03-28 10:00 AM Economic Sentiment 105.5 106.2 105.9 105.1
2019-04-29 09:00 AM Economic Sentiment 104 105.6 105 105.1
2019-05-28 09:00 AM Economic Sentiment 104 105.0 104.4
2019-06-27 09:00 AM Economic Sentiment 105.9
2019-07-30 09:00 AM Economic Sentiment 105.7


Euro Area Consumer Last Previous Highest Lowest Unit
Consumer Confidence -7.90 -7.20 -1.90 -24.40 Index Points [+]
Retail Sales MoM 0.00 0.50 2.80 -2.10 percent [+]
Retail Sales YoY 1.90 3.00 6.00 -4.60 percent [+]
Consumer Spending 1424.12 1420.70 1424.12 1045.01 EUR Billion [+]
Disposable Personal Income 1787679.00 1769770.00 1787679.00 1068215.00 EUR Million [+]
Personal Savings 12.33 12.30 14.32 11.76 percent [+]
Private Sector Credit 13520393.70 13471492.40 13520393.70 4998832.00 EUR Million [+]
Bank Lending Rate 1.99 1.99 6.52 1.97 percent [+]
Consumer Credit 690270.39 685288.42 690270.39 359891.93 EUR Million [+]
Economic Optimism Index 104.00 105.60 118.10 68.30 [+]
Households Debt To GDP 57.60 57.70 64.10 46.30 percent of GDP [+]
Households Debt To Income 93.49 94.00 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 15.70 17.00 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 May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
104.00 105.60 118.10 68.30 1985 - 2019 Monthly
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Country Last Previous
Euro Area 104.00 Apr/19
Turkey 84.70 Apr/19
United States 58.60 May/19


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