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.