The industry confidence indicator in the Euro Area worsened to -13 in October of 2024 from a revised -11 in the previous month, below market expectation of -10.5, to indicate the highest extent of pessimism in industry since the immediate fallout of the Russian invasion of Ukraine in July of 2022. Sentiment deteriorated for production expectations (0.2 vs 1.9 in September) and order books (-28.2 vs -25.6), which aligned with lower orders from foreign markets (-30.4 vs -26.9). On top of that, pessimism rose for employment expectations (-5.6 vs -4.7), and selling price expectations rose to a three-month high (6.5 vs 6.3). source: European Commission

Industrial Sentiment In the Euro Area decreased to -13 points in October from -11 points in September of 2024. Industrial Sentiment in Euro Area averaged -4.75 points from 1985 until 2024, reaching an all time high of 14.80 points in October of 2021 and a record low of -37.30 points in April of 2020. 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 November of 2024.

Industrial Sentiment In the Euro Area decreased to -13 points in October from -11 points in September of 2024. Industrial Sentiment in Euro Area is expected to be -6.00 points 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 6.00 points in 2025 and 1.00 points in 2026, according to our econometric models.




Calendar GMT Reference Actual Previous Consensus TEForecast
2024-09-27 09:00 AM
Industrial Sentiment
Sep -10.9 -9.9 -9.8 -10.3
2024-10-30 10:00 AM
Industrial Sentiment
Oct -13.0 -11.0 -10.5 -11.2
2024-11-28 10:00 AM
Industrial Sentiment
Nov -13.0 -12.8


Related Last Previous Unit Reference
Business Confidence -0.96 -0.76 points Oct 2024
Capacity Utilization 76.90 77.70 percent Dec 2024
Industrial Sentiment -13.00 -11.00 points Oct 2024
Services Sentiment 7.10 7.10 points Oct 2024

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
-13.00 -11.00 14.80 -37.30 1985 - 2024 points Monthly
SA


News Stream
Euro Area Industrial Sentiment Sinks to Over 2-Year Low
The industry confidence indicator in the Euro Area worsened to -13 in October of 2024 from a revised -11 in the previous month, below market expectation of -10.5, to indicate the highest extent of pessimism in industry since the immediate fallout of the Russian invasion of Ukraine in July of 2022. Sentiment deteriorated for production expectations (0.2 vs 1.9 in September) and order books (-28.2 vs -25.6), which aligned with lower orders from foreign markets (-30.4 vs -26.9). On top of that, pessimism rose for employment expectations (-5.6 vs -4.7), and selling price expectations rose to a three-month high (6.5 vs 6.3).
2024-10-30
Euro Area Industrial Sentiment Lowest Since 2020
The industry confidence indicator in the Euro Area worsened to -10.9 in September 2024, the lowest reading since July 2020, from -9.9 in August and compared to forecasts of -9.8. There was a substantial deterioration in managers' assessment of the current level of overall order books and a less pronounced worsening in their assessments of the stocks of finished products. Managers' production expectations remained virtually unchanged.
2024-09-27
Euro Area Industrial Sentiment Falls
The industry confidence indicator in the Euro Area worsened slightly to -10.1 in June 2024 from -9.9 in May, compared to forecasts of -9.6. Managers' production expectations and their assessment of the current level of overall order books were largely unchanged. However, slightly more managers assessed the stocks of finished products as too large/above normal, indicating weaker demand.
2024-06-27