Business Confidence In the Euro Area increased to 1.71 points in June from 1.49 points in May of 2021. source: European Commission
Business Confidence in the Euro Area averaged 0 points from 1985 until 2021, reaching an all time high of 1.71 points in June of 2021 and a record low of -3.21 points in May of 2009. This page provides the latest reported value for - Euro Area Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Business Climate Indicator - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.
Business Confidence in Euro Area is expected to be 1.70 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Euro Area to stand at 0.50 in 12 months time. In the long-term, the Euro Area Business Climate Indicator is projected to trend around 1.00 points in 2022 and 0.70 points in 2023, according to our econometric models.