The industry confidence indicator in the Euro Area fell to 13.7 in August 2021, from an all-time high of 14.5 in the previous month but slightly above market expectations of 13.4. Managers’ assessments of the current level of overall order books and the scarcity of stocks of finished products eased from their peak levels, while their production expectations edged up again. Of the questions not entering the confidence indicator, managers’ assessment of export order books came down slightly, while their appraisals of past production saw a more marked downward correction. source: European Commission
Industrial Sentiment in the Euro Area averaged -5.11 from 1985 until 2021, reaching an all time high of 14.50 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 September of 2021.
Industrial Sentiment in Euro Area is expected to be 12.90 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 3.60 in 2022 and 5.00 in 2023, according to our econometric models.