The industry confidence indicator in the Euro Area increased by a third consecutive month to -3.3 in February 2021, rising above pre-pandemic levels and easily beating market expectations of -5.0. While managers’ production expectations saw the steepest rise, also their assessments of the current level of overall order books and the adequacy of the stocks of finished products improved. Of the questions not entering the confidence indicator, both managers’ views of export order books and their appraisals of past production improved. source: European Commission

Industrial Sentiment in the Euro Area averaged -5.33 from 1985 until 2021, reaching an all time high of 10.30 in January of 2018 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 March of 2021.

Industrial Sentiment in Euro Area is expected to be -0.60 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Sentiment in Euro Area to stand at 2.00 in 12 months time. 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.

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Euro Area Industrial Sentiment

Actual Previous Highest Lowest Dates Unit Frequency
-3.30 -6.10 10.30 -37.60 1985 - 2021 Monthly
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Calendar GMT Actual Previous Consensus TEForecast
2020-11-27 10:00 AM Nov -10.1 -9.2 -10.5 -10.8
2021-01-07 10:00 AM Dec -7.2 -10.1 -8.1 -8.6
2021-01-28 10:00 AM Jan -5.9 -6.8 -7.2 -7
2021-02-25 10:00 AM Feb -3.3 -6.1 -5 -4.8
2021-03-30 09:00 AM Mar -3.3 -0.6
2021-04-29 09:00 AM Apr 5.1
2021-05-28 09:00 AM May 4.2
2021-06-29 09:00 AM Jun 6


News Stream
Eurozone Industry Confidence Rises Above Pre-Pandemic Levels
The industry confidence indicator in the Euro Area increased by a third consecutive month to -3.3 in February 2021, rising above pre-pandemic levels and easily beating market expectations of -5.0. While managers’ production expectations saw the steepest rise, also their assessments of the current level of overall order books and the adequacy of the stocks of finished products improved. Of the questions not entering the confidence indicator, both managers’ views of export order books and their appraisals of past production improved.
2021-02-25
Eurozone Industry Confidence Unexpectedly Improves
The industry confidence indicator rose to -5.9 in January of 2021 from -6.8 in the previous month, the highest since August 2019 and above market expectations of -7.2. Managers’ assessments of the current level of overall order books improved for the seventh month in a row. Their production expectations and appraisals of the stocks of finished products remained broadly unchanged. Of the questions not entering the confidence indicator, managers’ views on export order books continued to brighten as well, while their appraisals of past production deteriorated for the third month running.
2021-01-28
Eurozone Industry Confidence Improves More than Forecast
The industry confidence indicator rose to -7.2 in December 2020, from -10.1 in the previous month and above market expectations of -8.1. There were sizeable improvements in managers’ production expectations and their appraisals of the current level of overall order books. At the same time, their assessments of the stocks of finished products remained broadly stable.
2021-01-07
Eurozone Industry Confidence Falls Less than Forecast
The industry confidence indicator in the Euro Area fell by 0.9 points from the previous month to -10.1 in November 2020, ending six months of increases, as several countries across the bloc imposed new lockdowns. Managers’ appraisals of the stocks of finished products and the current level of overall order books continued improving, but, in the latter case, at a slower pace than in October. At the same time, the deterioration of managers’ production expectations intensified compared to last month.
2020-11-27

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.