Services Sentiment In the Euro Area increased to 4.70 points in July from 4.20 points in June of 2026. Services Sentiment in Euro Area averaged 9.09 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. source: European Commission

Services Sentiment in Euro Area is expected to be 3.00 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 1.00 points in 2027 and 4.00 points in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-06-29 09:00 AM
Services Sentiment
Jun 3.2 2.6 3 2.6
2026-07-30 09:00 AM
Services Sentiment
Jul 4.7 4.2 3.8 3.4
2026-08-28 09:00 AM
Services Sentiment
Aug 4.7 4.4


Related Last Previous Unit Reference
Business Confidence -0.19 -0.36 points Jul 2026
Capacity Utilization 78.50 77.60 percent Jun 2026
Industrial Sentiment -6.10 -7.50 points Jul 2026
Services Sentiment 4.70 4.20 points Jul 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
4.70 4.20 35.70 -51.70 1995 - 2026 points Monthly
SA

News Stream
Eurozone Services Sentiment Improves as Expected
The index measuring services sector confidence in the Eurozone rebounded to 3.2 in June of 2026 from 2.6 in the previous month, the highest since March, and slightly ahead of market expectations of 3. Expectations on the evolution of demand improved to 7.3 from 5.4 in May, supported by expectations of softer cost inflation as energy prices fell from their peaks on signs of restored supply from the Middle East. Consistently, selling price expectations dropped 14.1 from 16, and the uncertainty gauge fell to 15.3 from 16.5. The improvement in overall sentiment was supported solely by expectations of a better macroeconomic backdrop, as the evolution of demand (3.0 vs 2.9) and business situation (-0.6 vs -0.6) in the last three months were loosely unchanged.
2026-06-29
Euro Area Services Sentiment Rebounds from 5-Year Low
The index measuring services confidence in the Euro Area rebounded to 2.2 from the upwardly revised, five-year low of 1.4 in the previous month, ahead of the market consensus that it would fall further to 0.2. Still, it was the second lowest reading in the five-year period, underscoring the impact of high energy prices faced by firms due to the halt of oil and gas supply from the Middle East. The current assessment of business situations eased its pessimism (-0.9 vs -2.4 in April), and the expected drop in employment also eased (-1.8 vs -4.9). Still, the evolution of demand worsened (2.6 vs 3.2). Signs energy prices may have already peaked supported the evolution of demand expected in the upcoming three months (4.9 vs 3.4), consistent with a drop in selling price expectations (16.2 vs 17.3).
2026-05-28
Eurozone Services Sentiment Falls to 5-Year Low
The index measuring services confidence in the Euro Area sank to 0.9 points in April of 2026 from 4.1 in the previous month, firmly below market expectations of 3.5 to reflect the least optimistic sentiment since April of 2021. The assessment of business situation fell deeper (-3.4 vs -1.4 in March) and expectations on demand growth sank (3 vs 7.8), consistent with lower purchasing powers from surging energy costs following the outbreak of war in the Middle East. Consequently, expectations on employment (-5.1 vs -0.3) and inflation (17.4 vs 14.9) both worsened.
2026-04-29