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.