The index measuring services confidence in the Euro Area fell by 1.8 points from the previous month to 5 in February of 2026, firmly below market expectations that it would improve to 7.5, to mark the lowest magnitude of confidence in four months. Firms dimmed their expectations on the evolution of demand in the upcoming three months (9.8 vs 11.1 in January), in line with a moderation in the evolution of employment in the upcoming three months (0.2 vs 1.2). The pullback in expectations matched a deterioration in the evolution of demand in the last three months (5.7 vs 8.8) as the assessment of business situation swung to the negative territory (-0.5 vs 0.5). In turn, selling price expectations eased for a second month (13.9 vs 14.1). source: European Commission

Services Sentiment In the Euro Area decreased to 5 points in February from 6.80 points in January of 2026. Services Sentiment in Euro Area averaged 9.15 points from 1995 until 2026, reaching an all time high of 35.70 points in March of 2000 and a record low of -51.70 points in May of 2020. This page provides - Euro Area Services Sentiment- actual values, historical data, forecast, chart, statistics, economic calendar and news. Euro Area Services Sentiment - data, historical chart, forecasts and calendar of releases - was last updated on March of 2026.

Services Sentiment In the Euro Area decreased to 5 points in February from 6.80 points in January of 2026. Services Sentiment in Euro Area is expected to be 4.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Services Sentiment is projected to trend around 5.00 points in 2027 and 4.00 points in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-29 10:00 AM
Services Sentiment
Jan 7.2 5.8 6 5.4
2026-02-26 10:00 AM
Services Sentiment
Feb 5.0 6.8 7.5 7
2026-03-30 09:00 AM
Services Sentiment
Mar 5.0 4


Related Last Previous Unit Reference
Business Confidence -0.36 -0.38 points Feb 2026
Capacity Utilization 77.60 78.00 percent Mar 2026
Industrial Sentiment -7.10 -6.80 points Feb 2026
Services Sentiment 5.00 6.80 points Feb 2026


Euro Area Services Sentiment
In the Euro Area, Services Sentiment measures the confidence level among service providers and accounts for 30 percent of the Economic Sentiment Indicator.
Actual Previous Highest Lowest Dates Unit Frequency
5.00 6.80 35.70 -51.70 1995 - 2026 points Monthly
SA

News Stream
Euro Area Services Sentiment Deteriorates
The index measuring services confidence in the Euro Area fell by 1.8 points from the previous month to 5 in February of 2026, firmly below market expectations that it would improve to 7.5, to mark the lowest magnitude of confidence in four months. Firms dimmed their expectations on the evolution of demand in the upcoming three months (9.8 vs 11.1 in January), in line with a moderation in the evolution of employment in the upcoming three months (0.2 vs 1.2). The pullback in expectations matched a deterioration in the evolution of demand in the last three months (5.7 vs 8.8) as the assessment of business situation swung to the negative territory (-0.5 vs 0.5). In turn, selling price expectations eased for a second month (13.9 vs 14.1).
2026-02-26
Eurozone Services Sentiment Improves to 2-Year High
The index measuring services confidence in the Euro Area rose by 1.4 points from the previous month to 7.2 in January of 2026, reflecting the strongest confidence in two years, and ahead of market expectations of a softer increase to 6. Services providers displayed a rebound in the assessment of business over the past three months (1 vs -0.2 in December 2025) and the evolution of demand (9.2 vs 6.2) over the past three months, prompting a slight improvement in expectations of demand 11.4 vs 11.3) and employment (1 vs -0.2) in the upcoming three months. In the meantime, selling price expectations eased (14.1 vs 14.5) for the first time since September.
2026-01-29
European Services Confidence Softens
The index measuring services confidence in the Euro Area inched down by 0.2 percentage points to 5.6 in December of 2025, slightly under market expectations that it would rise to a 14-month high of 5.9. Still, the result reflected a magnitude of confidence in the sector that was firmly above the average from the previous year. The assessment of the business situation over the last three months softened but remained positive (0.1 vs 0.9 in November), aligned with a less-optimistic outlook for demand in the upcoming quarter (5.2 vs 5.8).
2026-01-08