The services confidence indicator rose for a sixth consecutive month to 19.3 in July 2021, the highest level since August 2007 but below market expectations of 19.9. While managers were more positive about past demand and, to a lesser extent, the past business situation, their demand expectations dropped for the first time since November 2020. source: European Commission
Services Sentiment in the Euro Area averaged 9.33 from 1995 until 2021, reaching an all time high of 35 in June of 1998 and a record low of -43.50 in May of 2020. This page provides - Euro Area Services Sentiment- actual values, historical data, forecast, chart, statistics, economic calendar and news. Euro Area Services Sentiment - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.
Services Sentiment in Euro Area is expected to be 12.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Services Sentiment is projected to trend around 25.00 in 2022 and 12.00 in 2023, according to our econometric models.