The economic sentiment indicator for the Euro Area dropped to 101.7 in September 2019 from 103.1 in the previous month, below market expectations of 103.0. That was the lowest reading in nearly five years, as sentiment in the industry sector fell to its lowest level since July 2013 (-8.8 vs -5.8 in August). Morale also deteriorated among retailers (0.1 vs 0.6) and constructors (3.8 vs 3.9), while an improvement was seen in confidence among service providers (9.5 vs 9.2) and consumers (-6.5 vs -7.1). Economic Optimism Index in the Euro Area averaged 100.82 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 102.50 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 105.10 in 12 months time. In the long-term, the Euro Area Economic Sentiment Indicator is projected to trend around 104.00 in 2020, according to our econometric models.

Euro Area Economic Sentiment Indicator
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Calendar GMT Actual Previous Consensus TEForecast
2019-06-27 09:00 AM Economic Sentiment Jun 103.3 105.2 104.6 104.9
2019-07-30 09:00 AM Economic Sentiment Jul 102.7 103.3 102.6 102.5
2019-08-29 09:00 AM Economic Sentiment Aug 103.1 102.7 102.3 102.1
2019-09-27 09:00 AM Economic Sentiment Sep 101.7 103.1 103 102.5
2019-10-30 10:00 AM Economic Sentiment Oct 101.7 101.9
2019-11-28 10:00 AM Economic Sentiment Nov 101.8


Euro Area Consumer Last Previous Highest Lowest Unit
Consumer Confidence -6.50 -7.10 -1.40 -23.90 Index Points [+]
Retail Sales MoM 0.30 -0.50 2.80 -2.00 percent [+]
Retail Sales YoY 2.10 2.20 6.00 -4.60 percent [+]
Consumer Spending 1429.75 1426.78 1429.75 1040.30 EUR Billion [+]
Disposable Personal Income 1798017.00 1783445.00 1798017.00 1068084.00 EUR Million [+]
Personal Savings 13.30 12.64 14.18 11.43 percent [+]
Private Sector Credit 13730054.70 13710938.60 13730054.70 4998832.00 EUR Million [+]
Bank Lending Rate 1.94 1.96 6.52 1.94 percent [+]
Consumer Credit 714161.73 713710.69 714161.73 359891.93 EUR Million [+]
Economic Optimism Index 101.70 103.10 118.10 68.30 [+]
Households Debt To GDP 57.60 57.70 64.20 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 19.50 20.70 54.80 -12.50 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 October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
101.70 103.10 118.10 68.30 1985 - 2019 Monthly
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Country Last Previous
Euro Area 101.70 Sep/19
South Korea 91.00 Sep/19
Turkey 86.00 Sep/19
United States 52.60 Oct/19


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