The industry confidence indicator in the Euro Area declined for a ninth consecutive month to -2.0 in November 2022, the lowest since January 2021 and worse than market expectations of -0.5. Manufacturers' assessments of the current level of overall order books kept deteriorating and the stocks of finished products continued piling up. Meanwhile, production expectations improved for the second month in a row. Of the questions not entering the confidence indicator, managers’ appraisals of past production and export order books deteriorated further. source: European Commission

Industrial Sentiment in Euro Area averaged -4.64 points from 1985 until 2022, reaching an all time high of 14.10 points in October of 2021 and a record low of -36.80 points 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 December of 2022.

Industrial Sentiment in Euro Area is expected to be -3.60 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Industrial Sentiment is projected to trend around 5.00 in 2023 and 4.50 in 2024, according to our econometric models.

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Euro Area Industrial Sentiment



Calendar GMT Actual Previous Consensus TEForecast
2022-10-28 09:00 AM Oct -1.2 -0.3 -1.8 -2
2022-11-29 10:00 AM Nov -2 -1.2 -0.5 -0.9


Related Last Previous Unit Reference
Business Confidence 0.54 0.74 points Nov 2022
Capacity Utilization 81.40 82.40 percent Dec 2022
Services Sentiment 2.30 2.10 points Nov 2022
Industrial Sentiment -2.00 -1.20 points Nov 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
-2.00 -1.20 14.10 -36.80 1985 - 2022 points Monthly
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News Stream
Eurozone Industrial Sentiment Nears 2-Year Lows
The industry confidence indicator in the Euro Area declined for a ninth consecutive month to -2.0 in November 2022, the lowest since January 2021 and worse than market expectations of -0.5. Manufacturers' assessments of the current level of overall order books kept deteriorating and the stocks of finished products continued piling up. Meanwhile, production expectations improved for the second month in a row. Of the questions not entering the confidence indicator, managers’ appraisals of past production and export order books deteriorated further.
2022-11-29
Eurozone Industrial Sentiment Drops to Near 2-Year Low
The industry confidence indicator in the Euro Area decreased for a fourth consecutive month to -1.2 in October 2022, the lowest level since January 2021 and compared with market expectations of -1.8, as manufacturers’ assessments of the current level of overall order books worsened markedly and the stocks of finished products picked up. By contrast, production expectations for the next three months improved somewhat. Of the questions not entering the confidence indicator, the appraisals of past production declined slightly, while their views on export order books remained broadly stable.
2022-10-28
Eurozone Industry Confidence Worsens for 3rd Straight Month
The industry confidence indicator in the Euro Area decreased for the third month running to -0.4 in September 2022, the lowest level since January 2021 and compared with market expectations of -1.0, as managers’ production expectations for the next three months fell sharply. Assessments of the current level of overall order books also saw another deterioration, while the assessment of the stocks of finished products edged down after several months of recovery. Of the questions not entering the confidence indicator, managers’ views on export order books deteriorated, while their appraisals of past production picked up slightly.
2022-09-29