The index measuring service sector confidence in the Eurozone rose to 5.8 in August of 2026 from the upwardly revised 5.1 in the previous month, the highest in seven months, and contrasting with expectations that it would ease to 4.9. The result extended the recovery in business conditions in the currency bloc after the outbreak of war in the Middle East halted energy supply from the region and triggered inflationary pressure that resulted in tighter monetary policy. Improvements were noted in the assessment of business over the last three months (2.4 vs 1.6 in July) and expectations on incoming demand for the next three months (10 vs 9). Meanwhile, selling price expectations rose to 14.1 from 13.7. source: European Commission

Services Sentiment In the Euro Area increased to 5.80 points in August from 5.10 points in July of 2026. Services Sentiment in Euro Area averaged 9.08 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 September of 2026.

Services Sentiment In the Euro Area increased to 5.80 points in August from 5.10 points in July of 2026. 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
2026-07-30 09:00 AM
Services Sentiment
Jul 4.7 4.2 3.8 3.4
2026-08-28 09:00 AM
Services Sentiment
Aug 5.8 5.1 4.9 4.7
2026-09-29 09:00 AM
Services Sentiment
Sep 5.8 3


Related Last Previous Unit Reference
Business Confidence -0.22 -0.19 points Aug 2026
Capacity Utilization 77.90 78.50 percent Sep 2026
Industrial Sentiment -5.30 -6.10 points Aug 2026
Services Sentiment 5.80 5.10 points Aug 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
5.80 5.10 35.70 -51.70 1995 - 2026 points Monthly
SA

News Stream
Eurozone Services Sentiment Improves to 7-Month High
The index measuring service sector confidence in the Eurozone rose to 5.8 in August of 2026 from the upwardly revised 5.1 in the previous month, the highest in seven months, and contrasting with expectations that it would ease to 4.9. The result extended the recovery in business conditions in the currency bloc after the outbreak of war in the Middle East halted energy supply from the region and triggered inflationary pressure that resulted in tighter monetary policy. Improvements were noted in the assessment of business over the last three months (2.4 vs 1.6 in July) and expectations on incoming demand for the next three months (10 vs 9). Meanwhile, selling price expectations rose to 14.1 from 13.7.
2026-08-28
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