The services confidence indicator in the Euro Area went down 0.7 points to a six-month low of -17.8 in January of 2021, above market expectations of -18.8, due to worsened assessments of the past business situation and, to a lesser extent, past and expected demand. source: European Commission
Services Sentiment in the Euro Area averaged 9.16 from 1996 until 2021, reaching an all time high of 35 in June of 1998 and a record low of -43.50 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 February of 2021.
Services Sentiment in Euro Area is expected to be -8.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Services Sentiment in Euro Area to stand at -3.00 in 12 months time. In the long-term, the Euro Area Services Sentiment is projected to trend around 2.00 in 2022, according to our econometric models.