The industry confidence indicator in the Euro Area increased for the fifth month in a row to a new all-time high of 10.7 in April 2021, thanks to very positive developments in all its components, i.e. managers’ production expectations, their assessments of the current level of overall order books and of the stocks of finished products. The production expectations reached their best reading on record, while stocks were considered as scarce as never before. Of the questions not entering the confidence indicator, both managers’ views on export order books and their appraisals of past production improved markedly, too. source: European Commission
Industrial Sentiment in the Euro Area averaged -5.27 from 1985 until 2021, reaching an all time high of 10.70 in April 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 May of 2021.
Industrial Sentiment in Euro Area is expected to be 7.20 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 1.00 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.