Business Confidence in European Union increased to -21.50 points in June from -27.30 points in May of 2020.

Business Confidence in European Union averaged -5.26 points from 1985 until 2020, reaching an all time high of 9.30 points in January of 2018 and a record low of -36.80 points in March of 2009. This page provides the latest reported value for - European Union Economic Sentiment Indicator - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. European Union Industry Confidence - values, historical data and charts - was last updated on October of 2020.

Business Confidence in European Union is expected to be -20.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in European Union to stand at -14.00 in 12 months time. In the long-term, the European Union Industry Confidence is projected to trend around -16.00 points in 2021 and -12.00 points in 2022, according to our econometric models.

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European Union Industry Confidence

Actual Previous Highest Lowest Dates Unit Frequency
-21.50 -27.30 9.30 -36.80 1985 - 2020 points Monthly

European Union Business Last Previous Highest Lowest Unit
Industrial Production Mom 1.70 -1.40 2.70 -3.70 percent [+]
Manufacturing Production -1.40 -3.50 10.00 -20.00 percent [+]
Industrial Production -1.60 -3.30 9.40 -19.30 percent [+]
Mining Production -5.60 -7.60 21.60 -18.90 percent [+]
Steel Production 11111.00 9315.00 19178.00 8457.00 Thousand Tonnes [+]
Business Confidence -21.50 -27.30 9.30 -36.80 points [+]
Capacity Utilization 73.10 70.10 85.10 69.90 percent [+]
Car Registrations 933987.00 769525.00 1890664.00 270682.00 Units [+]
Changes In Inventories -13951.70 -592.90 46560.60 -28854.70 EUR Million [+]

European Union Industry Confidence
In the European Union, the business confidence refers to the sentiment among manufacturers.