The industry confidence indicator in the Euro Area rose by 1.2 points from the previous month to an all-time high of 12.7 in June 2021, beating market expectations of 12.3. The improvement resulted from very positive developments in managers’ assessments of the current level of overall order books and the stocks of finished products, partially offset by a decrease in their production expectations, which had reached an all-time high in April. The order books assessment matched their highest reading on record, while stocks were considered scarcer than ever. source: European Commission

Industrial Sentiment in the Euro Area averaged -5.19 from 1985 until 2021, reaching an all time high of 12.70 in June 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 July of 2021.

Industrial Sentiment in Euro Area is expected to be 11.90 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Sentiment in Euro Area to stand at 4.20 in 12 months time. 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.

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Euro Area Industrial Sentiment

Actual Previous Highest Lowest Dates Unit Frequency
12.70 11.50 12.70 -37.60 1985 - 2021 Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2021-03-30 09:00 AM Mar 2 -3.1 0 -0.6
2021-04-29 09:00 AM Apr 10.7 2.1 4 5.1
2021-05-28 09:00 AM May 11.5 10.9 11.3 11.5
2021-06-29 09:00 AM Jun 12.7 11.5 12.3 11.9
2021-07-29 09:00 AM Jul 12.7 13 12.9
2021-08-30 09:00 AM Aug
2021-09-29 09:00 AM Sep
2021-10-28 10:00 AM Oct


News Stream
Eurozone Industry Sentiment Hits Record High
The industry confidence indicator in the Euro Area rose by 1.2 points from the previous month to an all-time high of 12.7 in June 2021, beating market expectations of 12.3. The improvement resulted from very positive developments in managers’ assessments of the current level of overall order books and the stocks of finished products, partially offset by a decrease in their production expectations, which had reached an all-time high in April. The order books assessment matched their highest reading on record, while stocks were considered scarcer than ever.
2021-06-29
Euro Area Industrial Sentiment Tops Fresh Record
The Industrial Confidence Indicator for the Euro Area reach a new record high for the second straight month, rising to 11.5 in May of 2021 from 10.9 in April. Figures also came better than forecasts of 11.3, amid positive developments in managers’ assessments of the current level of overall order books and, to a lesser extent, the stocks of finished products, partially offset by a decrease in their production expectations (which reached an all-time high in April).
2021-05-28
Eurozone Industry Confidence Hits New Record
The industry confidence indicator in the Euro Area increased for the fifth month in a row to a new all-time high of 10.7 in April 2021, thanks to very positive developments in all its components, i.e. managers’ production expectations, their assessments of the current level of overall order books and of the stocks of finished products. The production expectations reached their best reading on record, while stocks were considered as scarce as never before. Of the questions not entering the confidence indicator, both managers’ views on export order books and their appraisals of past production improved markedly, too.
2021-04-29
Eurozone Industry Confidence Jumps to Over 2-Year High
The industry confidence indicator in the Euro Area increased for the fourth month in a row to 2 in March 2021, the highest level since December 2018 and above market expectations of 0.0. There were very positive developments in managers’ production expectations, the assessments of the current level of overall order books and the adequacy of the stocks of finished products. Of the questions not entering the confidence indicator, both managers’ views on export order books and their appraisals of past production improved.
2021-03-30

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.