The Eurozone industrial confidence indicator edged down to -8.0 in May 2026 from -7.7 in April, in line with market expectations. It marked the weakest reading in five months, as the conflict with Iran and persistently elevated energy prices continued to weigh on sentiment. The decline was driven by further deterioration in managers’ production expectations and a weaker assessment of finished goods inventories, partly offset by an improved evaluation of current order books. source: European Commission

Industrial Sentiment In the Euro Area decreased to -8 points in May from -7.70 points in April of 2026. Industrial Sentiment in Euro Area averaged -4.91 points from 1985 until 2026, reaching an all time high of 14.70 points in October of 2021 and a record low of -37.10 points in April of 2020. 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 June of 2026.

Industrial Sentiment In the Euro Area decreased to -8 points in May from -7.70 points in April of 2026. Industrial Sentiment in Euro Area is expected to be -9.00 points 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 -6.00 points in 2027 and -4.00 points in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-04-29 09:00 AM
Industrial Sentiment
Apr -7.7 -7.0 -7.2 -9
2026-05-28 09:00 AM
Industrial Sentiment
May -8 -7.7 -8 -8.4
2026-06-29 09:00 AM
Industrial Sentiment
Jun -8 -9


Related Last Previous Unit Reference
Business Confidence -0.26 -0.27 points May 2026
Capacity Utilization 78.50 77.60 percent Jun 2026
Industrial Sentiment -8.00 -7.70 points May 2026
Services Sentiment 2.20 1.40 points May 2026


Euro Area Industrial Sentiment
In the Euro Area, Industrial Sentiment measures the confidence level among manufacturers and accounts for 40 percent of the Economic Sentiment Indicator.
Actual Previous Highest Lowest Dates Unit Frequency
-8.00 -7.70 14.70 -37.10 1985 - 2026 points Monthly
SA

News Stream
Euro Area Industrial Sentiment Falls Further
The Eurozone industrial confidence indicator edged down to -8.0 in May 2026 from -7.7 in April, in line with market expectations. It marked the weakest reading in five months, as the conflict with Iran and persistently elevated energy prices continued to weigh on sentiment. The decline was driven by further deterioration in managers’ production expectations and a weaker assessment of finished goods inventories, partly offset by an improved evaluation of current order books.
2026-05-28
Eurozone Industrial Confidence Sinks to 2026 Low
The Eurozone industrial confidence indicator fell to -7.7 in April 2026, down from -7.0 in March and below market expectations of -7.2, marking the lowest level of the year. The decline was driven by the escalating Iran war, which has darkened the economic outlook. A sharp drop in managers’ production expectations offset stable order books and slight improvements in their assessment of finished product stocks. Among the survey’s additional metrics, managers reported a marked improvement in past production developments, while their evaluation of export order books remained largely unchanged.
2026-04-29
Eurozone Industrial Confidence Edges Up in March
The Eurozone industrial confidence indicator inched up to -7.0 in March 2026, from -7.2 in February, slightly exceeding market expectations of -8. The improvement was driven by a better assessment of order books, though this was nearly offset by weaker production expectations and a smaller decline in finished goods inventories. Beyond the headline figure, managers reported improved past production levels and export order books. Notably, selling price expectations surged to their highest in nearly three years, reflecting rising cost pressures linked to the ongoing Middle East conflict.
2026-03-30