The industrial confidence indicator in the Euro Area fell for a third consecutive month to 6.3 in May of 2022 from 13.6 in April. It is the lowest reading sine March last year and well below forecasts of 7.5. In the EU, industry confidence weakened for the third month, as managers’ assessments of the current level of overall order books saw the sharpest deterioration in two years. Production expectations worsened only slightly, while managers’ appraisals of the stocks of finished products stayed virtually unchanged. source: European Commission

Industrial Sentiment in the Euro Area averaged -4.73 from 1985 until 2022, reaching an all time high of 13.90 in July of 2021 and a record low of -37.60 in March of 2009. This page provides - Euro Area Industrial Sentiment- actual values, historical data, forecast, chart, statistics, economic calendar and news. Euro Area Industrial Sentiment - data, historical chart, forecasts and calendar of releases - was last updated on June of 2022.

Industrial Sentiment in Euro Area is expected to be 9.50 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Industrial Sentiment is projected to trend around 5.00 in 2023 and 4.50 in 2024, according to our econometric models.

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Euro Area Industrial Sentiment



Related Last Previous Unit Reference
Business Confidence 1.26 1.98 points May 2022
Capacity Utilization 82.60 81.90 percent Jun 2022
Services Sentiment 14.00 13.60 May 2022
Industrial Sentiment 6.30 7.70 May 2022

Euro Area Industrial Sentiment
In the Euro Area, Industrial Sentiment measures the confidence level among manufacturers and accounts for 40 percent of the Economic Sentiment Indicator.
Actual Previous Highest Lowest Dates Unit Frequency
6.30 7.70 13.90 -37.60 1985 - 2022 Monthly
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News Stream
Euro Area Industrial Sentiment Falls for 3rd Month
The industrial confidence indicator in the Euro Area fell for a third consecutive month to 6.3 in May of 2022 from 13.6 in April. It is the lowest reading sine March last year and well below forecasts of 7.5. In the EU, industry confidence also weakened for the third month, as managers’ assessments of the current level of overall order books saw the sharpest deterioration in two years. Production expectations worsened only slightly, while managers’ appraisals of the stocks of finished products stayed virtually unchanged.
2022-05-30
Euro Area Industrial Sentiment Falls for 2nd Month
The industrial confidence indicator in the Euro Area declined for a second consecutive month to 7.9 in April of 2022, the lowest since March of 2021, and below market forecasts of 9.5. It mainly reflected a marked improvement in managers’ assessment of the stocks of finished products, which impacts the composite indicator negatively as a sign of lower demand. However, after more than one year of record-low assessments of stocks, the result appears to finally point to some ongoing replenishment of inventories. Managers’ assessments of the current level of overall order books improved slightly, while their production expectations remained broadly unchanged after the steep fall of March.
2022-05-02
Eurozone Industry Confidence Slumps to 12-Month Low
The industrial confidence indicator in the Euro Area fell by 3.4 points to a 12-month low of 10.4 in March of 2022, from 14.1 in February and compared to market expectations of 9 due to the sharpest drop in managers’ production expectations since the COVID-19 pandemic. Managers’ assessments of the current level of overall order books eased slightly and the assessment of the adequacy of stocks of finished products gained some ground again. Of the questions not entering the confidence indicator, both managers’ views on export order books and their appraisals of past production deteriorated.
2022-03-30