X

Economic Sentiment Indicator

The Euro Zone Economic Confidence released by the European Commission is a survey of consumers confidence in economic activity. It indicates the trend of the overall Euro Zone economy. An optimistic view of consumers is considered as positive for the EUR, whereas a pessimistic view is considered as negative.

Most recent - Thursday 28 August 2025 09:00

Previous
95.7
Revised
95.7
Forecast
96
Actual
95.2

Lower numbers than forecast tend to be bullish for xxx/EUR pairs and bearish for EUR/xxx pairs.

Trading range

Forecast history

The most recent announced value for Economic Sentiment Indicator was 95.2 against a forecast of 96.

Past events

Date
Forecast
Actual
Thursday 28 August 2025 09:00
96
95.2
Wednesday 30 July 2025 09:00
94.5
95.8
Friday 27 June 2025 09:00
95.1
94
Tuesday 27 May 2025 09:00
94
94.8
Tuesday 29 April 2025 09:00
94.5
93.6
Friday 28 March 2025 10:00
97
95.2
Thursday 27 February 2025 10:00
96
96.3
Thursday 30 January 2025 10:00
94.1
95.2
Wednesday 8 January 2025 10:00
95.6
93.7
Thursday 28 November 2024 10:00
95.1
95.8
Wednesday 30 October 2024 10:00
96.3
95.6
Friday 27 September 2024 09:00
96.5
96.2
Thursday 29 August 2024 09:00
95.8
96.6
Tuesday 30 July 2024 09:00
95.4
95.8
Thursday 27 June 2024 09:00
96.2
95.9
Thursday 30 May 2024 09:00
96.2
96
Monday 29 April 2024 09:00
96.9
95.6
Wednesday 27 March 2024 10:00
96.3
96.3
Wednesday 28 February 2024 10:00
96.7
95.4
Tuesday 30 January 2024 10:00
96.2
96.2
Monday 8 January 2024 10:00
-
96.4
Wednesday 29 November 2023 10:00
93.7
93.8
Monday 30 October 2023 10:00
93.3
93.3
Thursday 28 September 2023 09:00
92.5
93.3
Wednesday 30 August 2023 08:00
93.7
93.3
Friday 28 July 2023 09:00
95
94.5
Thursday 29 June 2023 09:00
96
95.3
Tuesday 30 May 2023 09:00
98.9
96.5
Thursday 27 April 2023 09:00
99.9
99.3
Thursday 30 March 2023 09:00
99.8
99.3
Monday 27 February 2023 10:00
101
99.7
Monday 30 January 2023 10:00
97
99.9
Friday 6 January 2023 10:00
94.7
95.8
Tuesday 29 November 2022 10:00
93.5
93.7
Friday 28 October 2022 09:00
92.5
92.5
Thursday 29 September 2022 09:00
95
93.7

Economic context

Recent economic data has been broadly neutral for EUR. Other recent announcements which may affect the market's interpretation of the next Economic Sentiment Indicator result:

PreviousLatest
Consumer Price Index (MoM)Bearish change0.3%0.1%
Consumer Price Index (YoY)Bullish change2%2.2%
Harmonized Index of Consumer Prices (MoM)Bearish change0.4%0.1%
Harmonized Index of Consumer Prices (YoY)Bullish change1.8%2.1%
Consumer Price Index (EU Norm) (YoY)(no change)1.7%1.7%
Consumer Price Index (YoY)Bearish change1.7%1.6%
Gross Domestic Product (QoQ)(no change)-0.1%-0.1%
Gross Domestic Product (YoY)(no change)0.4%0.4%
Unemployment ChangeBullish change2K-9K
Unemployment Rate s.a.(no change)6.3%6.3%
Harmonized Index of Consumer Prices (YoY)(no change)2.7%2.7%
Consumer Price Index (EU norm) (YoY)Bearish change0.9%0.8%
Retail Sales (MoM)Bearish change1%-1.5%
Retail Sales (YoY)Bearish change4.9%1.9%
Consumer Confidence(no change)-15.5-15.5
Business ClimateBearish change-0.71-0.72
GfK Consumer Confidence SurveyBearish change-21.7-23.6
IFO – Business ClimateBullish change88.689
IFO – Current AssessmentBearish change86.586.4
IFO – ExpectationsBullish change90.891.6
Gross Domestic Product (QoQ)Bearish change-0.1%-0.3%
Gross Domestic Product (YoY)Bearish change0.4%0.2%
Gross Domestic Product w.d.a (YoY)Bearish change0%-0.2%
Consumer ConfidenceBearish change-14.7-15.5
HCOB Composite PMIBullish change50.951.1
HCOB Manufacturing PMIBullish change49.850.5
HCOB Services PMIBearish change5150.7
HCOB Composite PMIBullish change50.650.9
HCOB Manufacturing PMIBullish change49.149.9
HCOB Services PMIBearish change50.650.1
HCOB Composite PMIBullish change48.649.8
HCOB Manufacturing PMIBullish change48.249.9
HCOB Services PMIBullish change48.549.7
Core Harmonized Index of Consumer Prices (MoM)(no change)-0.2%-0.2%
Core Harmonized Index of Consumer Prices (YoY)(no change)2.3%2.3%
Harmonized Index of Consumer Prices (MoM)(no change)0%0%
Producer Price Index (MoM)Bearish change0.1%-0.1%
Producer Price Index (YoY)Bearish change-1.3%-1.5%

About Economic Sentiment Indicator

Country:Eurozone
Currency:EUR
Source:European Commission
Category:Economic Activity
Frequency:Monthly

Related events

Australia
Gross Domestic Product (QoQ)
Canada
Gross Domestic Product Annualized
Switzerland
Gross Domestic Product s.a. (QoQ)
China
Non-Manufacturing PMI
China
Gross Domestic Product (YoY)
China
Gross Domestic Product (QoQ)
China
Industrial Production (YoY)
China
Caixin Services PMI
China
NBS Manufacturing PMI
China
Caixin Manufacturing PMI
Germany
Gross Domestic Product (QoQ)
Germany
Gross Domestic Product (YoY)
Eurozone
Gross Domestic Product s.a. (YoY)
Eurozone
Gross Domestic Product s.a. (QoQ)
Japan
Gross Domestic Product (QoQ)
Japan
Tankan Large Manufacturing Index
New Zealand
Gross Domestic Product (YoY)
New Zealand
Gross Domestic Product (QoQ)
United Kingdom
Gross Domestic Product (YoY)
United Kingdom
Gross Domestic Product (QoQ)
United States
ISM Manufacturing PMI
United States
Gross Domestic Product Annualized
United States
ISM Services PMI
Australia
Private Capital Expenditure
Australia
National Australia Bank's Business Confidence (QoQ)
Australia
S&P Global Services PMI
Australia
S&P Global Composite PMI
Australia
AiG Industry Index
Australia
Gross Domestic Product (YoY)
Canada
Bank of Canada Business Outlook Survey
Canada
Gross Domestic Product (MoM)
Canada
Ivey Purchasing Managers Index
Canada
Ivey Purchasing Managers Index s.a
Canada
Gross Domestic Product (QoQ)
Canada
S&P Global Manufacturing PMI
Switzerland
Industrial Production (YoY)
Switzerland
Gross Domestic Product (YoY)
Switzerland
ZEW Survey – Expectations
Germany
ZEW Survey – Economic Sentiment
Germany
IFO – Current Assessment
Germany
Factory Orders n.s.a. (YoY)
Germany
S&P Global/BME Manufacturing PMI
Germany
IFO – Expectations
Germany
S&P Global/BME Composite PMI
Germany
ZEW Survey – Current Situation
Germany
IFO – Business Climate
Germany
Industrial Production n.s.a. w.d.a. (YoY)
Germany
S&P Global/BME Services PMI
Germany
Gross Domestic Product w.d.a (YoY)
Germany
Factory Orders s.a. (MoM)
Germany
Industrial Production s.a. (MoM)
Eurozone
Sentix Investor Confidence
Eurozone
ZEW Survey – Economic Sentiment
Eurozone
S&P Global Composite PMI
Eurozone
Industrial Production s.a. (MoM)
Eurozone
Business Climate
Spain
S&P Global Services PMI
Spain
Gross Domestic Product - Estimated (QoQ)
Spain
S&P Global Manufacturing PMI
Spain
Gross Domestic Product (QoQ)
France
Gross Domestic Product (QoQ)
India
HSBC Services PMI
India
Gross Domestic Product Quarterly (YoY)
India
HSBC Manufacturing PMI
India
HSBC Composite PMI
Italy
Gross Domestic Product (YoY)
Italy
S&P Global Manufacturing PMI
Italy
Gross Domestic Product (QoQ)
Japan
Tankan Large All Industry Capex
Japan
Tankan Large Manufacturing Outlook
Japan
Gross Domestic Product Annualized
Japan
Gross Domestic Product Deflator (YoY)
South Korea
Gross Domestic Product Growth (QoQ)
New Zealand
Business NZ PMI
New Zealand
Business NZ PSI
New Zealand
NZIER Business Confidence (QoQ)
United Kingdom
Manufacturing Production (MoM)
United Kingdom
Manufacturing Production (YoY)
United Kingdom
Gross Domestic Product (MoM)
United Kingdom
Industrial Production (MoM)
United States
Durable Goods Orders ex Defense
United States
Industrial Production (MoM)
United States
Factory Orders (MoM)
United States
Nondefense Capital Goods Orders ex Aircraft
United States
ISM Services New Orders Index
United States
ISM Manufacturing New Orders Index
United States
Philadelphia Fed Manufacturing Survey
United States
S&P Global Composite PMI
United States
NY Empire State Manufacturing Index
United States
Chicago Purchasing Managers' Index
United States
Durable Goods Orders ex Transportation
United States
Gross Domestic Product Price Index
United States
Durable Goods Orders
 
Continue to site >