Business Confidence In the Euro Area decreased to 0.83 points in August from 1.14 points in July of 2022. source: European Commission
Business Confidence in the Euro Area averaged 0.02 points from 1985 until 2022, reaching an all time high of 1.83 points in February of 2022 and a record low of -3.18 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 September of 2022.
Business Confidence in Euro Area is expected to be 0.70 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Business Climate Indicator is projected to trend around 0.80 points in 2023 and 0.50 points in 2024, according to our econometric models.