European Union Industry Confidence  Forecast


Business Confidence in European Union is expected to be 5.44 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 -1.71 in 12 months time. In the long-term, the European Union Industry Confidence is projected to trend around -5.11 in 2020, according to our econometric models.


European Union Industry Confidence
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European Union Business Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Industrial Production Mom -0.3 -0.07 0.05 0.07 0.07 0.06
Manufacturing Production 3.5 3.13 3.28 3.33 3.35 3.36
Industrial Production 3.1 3.36 3.61 3.73 3.79 3.83
Mining Production -0.7 -1.81 -1.37 -1.37 -1.38 -1.37
Steel Production 13655 13996 13139 13969 13279 13272
Business Confidence 5.4 5.44 3.85 1.19 -1.71 -5.11
Capacity Utilization 82.9 82.39 82.96 82.74 82.4 80.55
Changes In Inventories 15692 12914 11202 9485 8736 10295