The industry confidence indicator rose to -5.9 in January of 2021 from -6.8 in the previous month, the highest since August 2019 and above market expectations of -7.2. Managers’ assessments of the current level of overall order books improved for the seventh month in a row. Their production expectations and appraisals of the stocks of finished products remained broadly unchanged. Of the questions not entering the confidence indicator, managers’ views on export order books continued to brighten as well, while their appraisals of past production deteriorated for the third month running. source: European Commission
Industrial Sentiment in the Euro Area averaged -5.33 from 1985 until 2021, reaching an all time high of 10.30 in January of 2018 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 February of 2021.
Industrial Sentiment in Euro Area is expected to be -12.00 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 -14.00 in 12 months time. In the long-term, the Euro Area Industrial Sentiment is projected to trend around -10.00 in 2022, according to our econometric models.