The industry confidence indicator in the Euro Area stood at 14.2 in October 2021, little-changed from the previous month's 14.1 and not far from July's all-time high of 14.5. While managers’ production expectations eased mildly, assessments of the current level of overall order books and the scarcity of the stocks of finished products were moderately up and almost back to their record levels of July. Of the questions not entering the confidence indicator, managers’ appraisals of past production edged up, whereas their views on export order books remained virtually unchanged. The gauge for selling price expectations among manufacturers climbed to 42.2, a new record. source: European Commission
Industrial Sentiment in the Euro Area averaged -5.02 from 1985 until 2021, reaching an all time high of 14.50 in July of 2021 and a record low of -37.60 in March of 2009. This page provides - Euro Area Industrial Sentiment- actual values, historical data, forecast, chart, statistics, economic calendar and news. Euro Area Industrial Sentiment - data, historical chart, forecasts and calendar of releases - was last updated on November of 2021.
Industrial Sentiment in Euro Area is expected to be 11.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Industrial Sentiment is projected to trend around 3.60 in 2022 and 5.00 in 2023, according to our econometric models.