Business Confidence in European Union decreased to 5.20 points in May from 6.60 points in April of 2022. It is the lowest reading since March of 2021. source: European Commission

Business Confidence in European Union averaged -4.83 points from 1985 until 2022, reaching an all time high of 12.80 points in December of 2021 and a record low of -36.80 points in March of 2009. This page provides the latest reported value for - European Union Economic Sentiment Indicator - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. European Union Industry Confidence - values, historical data and charts - was last updated on June of 2022.

Business Confidence in European Union is expected to be 6.50 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the European Union Industry Confidence is projected to trend around 2.00 points in 2023 and 1.50 points in 2024, according to our econometric models.

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European Union Industry Confidence

Related Last Previous Unit Reference
Capacity Utilization 82.30 81.70 percent Jun 2022
Business Confidence 5.20 6.60 points May 2022

European Union Industry Confidence
In the European Union, the business confidence refers to the sentiment among manufacturers.
Actual Previous Highest Lowest Dates Unit Frequency
5.20 6.60 12.80 -36.80 1985 - 2022 points Monthly