Business Confidence Forecast 2026/2027

	Country	Last		Q4/26	Q1/27	Q2/27	Q3/27
Austria	-6.80	Oct/26	-12	-13.4	-12.8	-12.4	points
Belgium	-9.80	Oct/26	-14	-13	-13	-11	points
Bulgaria	14.10	Oct/26	13	14	15	16	points
Croatia	6.10	Oct/26	-3	-1	0	1	points
Cyprus	-5.30	Oct/26	-6	-10	-8	-7	points
Czech Republic	96.60	Oct/26	100	101	100	101	points
Denmark	102.70	Oct/26	101.5	99	97	96	points
Estonia	3.50	Oct/26	-6	-10	-8	-6	points
Euro Area	0.09	Oct/26	-0.1	-0.4	-0.3	-0.2	points
European Union	-4.40	Oct/26	-6	-8	-7	-6	points
Finland	2.00	Oct/26	-1	2	4	6	points
France	105.30	Oct/26	100	98	97	98	points
Germany	90.20	Oct/26	89	87.5	88	88.5	points
Greece	1.70	Oct/26	1	-2	-6	-4	points
Hungary	-7.40	Oct/26	-9	-7	-6.8	-7	points
Italy	91.90	Oct/26	88	89	89.5	90.5	points
Latvia	-6.10	Oct/26	-6	-7	-7	-6	points
Lithuania	-8.80	Oct/26	-9	-8	-7	-6	points
Luxembourg	-12.00	Oct/26	-14	-18	-16	-12	points
Netherlands	2.30	Oct/26	1	-3	-2	-1	points
Norway	3.40	Sep/26	-2	-4	-1	1	points
Poland	-6.60	Oct/26	-5.1	-4.7	-4.3	-4	points
Portugal	2.60	Oct/26	2.7	2.7	2.6	2.7	points
Russia	-0.20	Oct/26	-0.5	-0.9	-0.1	1	points
Slovakia	-4.00	Oct/26	-10	-12	-8	-4	points
Slovenia	-2.00	Oct/26	-4	-6	-4	-3	points
Spain	-0.70	Oct/26	-4.2	-3.8	-2.6	-3.2	points
Sweden	110.70	Oct/26	102.8	102	101.8	101.9	points
Switzerland	107.60	Oct/26	105	99	102	103	points
Turkey	99.80	Oct/26	103	105	105.8	106.1	points
United Kingdom	-27.00	Dec/26	-38	-27	-18	-10	points

Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Business Confidence Forecast 2026/2027 - was last updated on Monday, November 2, 2026.