The economic sentiment indicator (ESI) in the Euro Area fell to 104 in June of 2022, the lowest since March last year and compared to forecasts of 103. Sentiment worsened among retailers (-5.1 vs -4.2), consumers (-23.6 vs -21.2) and constructors (3.7 vs 6.3) as high prices and prospects of rising interest rates weigh but improved among industrials (7.4 vs 6.5) and service providers (14.8 vs 14.1). Meanwhile, the economic uncertainty index (EUI) went up to 24.8 from 23.4 and the employment expectations indicator (EEI) fell to 110.9 from 112.6. Sentiment slipped in the bloc's five largest economies, most markedly in the Netherlands (-3.6), Germany (-1.9) and Spain (-1.9). source: European Commission
Economic Optimism Index in the Euro Area averaged 99.95 from 1985 until 2022, reaching an all time high of 117.70 in July of 2021 and a record low of 61 in April of 2020. This page provides - Euro Area Economic Sentiment Indicator- actual values, historical data, forecast, chart, statistics, economic calendar and news. Euro Area Economic Sentiment Indicator - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.
Economic Optimism Index in Euro Area is expected to be 102.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Economic Sentiment Indicator is projected to trend around 104.00 in 2023 and 101.50 in 2024, according to our econometric models.