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.

Hide description Full calendar

Most recent - Thursday 27 February 2025 10:00

95.3

Revised

95.3

Forecast

Actual

96.3

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

Next event - Monday 31 March 2025 09:00

Forecast

Actual

The typical/expected impact on EUR pairs is medium.

There is no forecast value for Economic Sentiment Indicator yet - check back for updates.

Trading range

Forecast history

The most recent announced value for Economic Sentiment Indicator was 96.3 against a forecast of 96.

Past events

Date

Forecast

Actual

Thursday 27 February 2025 10:00

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

Monday 29 April 2024 09:00

96.9

95.6

Wednesday 27 March 2024 10:00

96.3

Wednesday 28 February 2024 10:00

96.7

95.4

Tuesday 30 January 2024 10:00

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

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

94.5

Thursday 29 June 2023 09:00

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

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

Thursday 29 September 2022 09:00

93.7

Tuesday 30 August 2022 09:00

97.6

Thursday 28 July 2022 09:00

102

Wednesday 29 June 2022 09:00

103

104

Monday 30 May 2022 09:00

104.9

105

Monday 2 May 2022 09:00

108

105

Wednesday 30 March 2022 09:00

109

108.5

Economic context

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

		Previous	Latest
Consumer Price Index (MoM)	Bullish change	-0.2%	0.4%
Consumer Price Index (YoY)	(no change)	2.3%	2.3%
Harmonized Index of Consumer Prices (MoM)	Bullish change	-0.2%	0.6%
Harmonized Index of Consumer Prices (YoY)	(no change)	2.8%	2.8%
Consumer Price Index (EU Norm) (YoY)	(no change)	1.7%	1.7%
Consumer Price Index (YoY)	Bullish change	1.5%	1.7%
Unemployment Change	Bullish change	11K	5K
Unemployment Rate s.a.	(no change)	6.2%	6.2%
Consumer Price Index (EU norm) (YoY)	Bearish change	1.8%	0.9%
Retail Sales (MoM)	Bullish change	-1.6%	0.2%
Retail Sales (YoY)	Bullish change	1.8%	2.9%
Business Climate	Bullish change	-0.92	-0.74
Consumer Confidence	(no change)	-13.6	-13.6
Harmonized Index of Consumer Prices (YoY)	(no change)	2.9%	2.9%
GfK Consumer Confidence Survey	Bearish change	-22.4	-24.7
Gross Domestic Product (QoQ)	(no change)	-0.2%	-0.2%
Gross Domestic Product (YoY)	(no change)	-0.2%	-0.2%
Gross Domestic Product w.d.a (YoY)	(no change)	-0.4%	-0.4%
Core Harmonized Index of Consumer Prices (MoM)	Bullish change	-1%	-0.9%
Core Harmonized Index of Consumer Prices (YoY)	(no change)	2.7%	2.7%
Harmonized Index of Consumer Prices (MoM)	(no change)	-0.3%	-0.3%
IFO – Business Climate	(no change)	85.2	85.2
IFO – Current Assessment	Bearish change	86	85
IFO – Expectations	Bullish change	84.3	85.4
HCOB Composite PMI	(no change)	50.2	50.2
HCOB Manufacturing PMI	Bullish change	46.6	47.3
HCOB Services PMI	Bearish change	51.3	50.7
Consumer Price Index (EU Norm) (YoY)	(no change)	1.7%	1.7%
Consumer Price Index (YoY)	(no change)	1.5%	1.5%
HCOB Composite PMI	Bullish change	50.5	51
HCOB Manufacturing PMI	Bullish change	45	46.1
HCOB Services PMI	Bearish change	52.5	52.2
HCOB Composite PMI	Bearish change	47.6	44.5
HCOB Manufacturing PMI	Bullish change	45	45.5
HCOB Services PMI	Bearish change	48.2	44.5
Consumer Confidence	Bullish change	-14.2	-13.6
Producer Price Index (MoM)	(no change)	-0.1%	-0.1%
Producer Price Index (YoY)	Bearish change	0.8%	0.5%
ZEW Survey – Current Situation	Bullish change	-90.4	-88.5
ZEW Survey – Economic Sentiment	Bullish change	10.3	26
ZEW Survey – Economic Sentiment	Bullish change	18	24.2
Consumer Price Index (EU norm) (YoY)	(no change)	1.8%	1.8%

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		S&P Global/BME Manufacturing PMI
	Germany		S&P Global/BME Composite PMI
	Germany		S&P Global/BME Services PMI
	Eurozone		Gross Domestic Product s.a. (YoY)
	Eurozone		Gross Domestic Product s.a. (QoQ)
	Eurozone		S&P Global Composite PMI
	Eurozone		S&P Global Manufacturing PMI
	Eurozone		S&P Global Services PMI
	Japan		Gross Domestic Product (QoQ)
	Japan		Tankan Large Manufacturing Index
	New Zealand		Gross Domestic Product (YoY)
	New Zealand		Gross Domestic Product (QoQ)
	United Kingdom		S&P Global/CIPS Services PMI
	United Kingdom		S&P Global/CIPS Composite PMI
	United Kingdom		Gross Domestic Product (YoY)
	United Kingdom		Gross Domestic Product (QoQ)
	United Kingdom		S&P Global/CIPS Manufacturing PMI
	United States		ISM Manufacturing PMI
	United States		S&P Global Manufacturing PMI
	United States		S&P Global Services PMI
	United States		Gross Domestic Product Annualized
	United States		ISM Services PMI
	Australia		Private Capital Expenditure
	Australia		S&P Global Manufacturing PMI
	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		Gross Domestic Product (QoQ)
	Germany		IFO – Expectations
	Germany		ZEW Survey – Current Situation
	Germany		IFO – Business Climate
	Germany		Industrial Production n.s.a. w.d.a. (YoY)
	Germany		Gross Domestic Product w.d.a (YoY)
	Germany		Gross Domestic Product (YoY)
	Germany		Factory Orders s.a. (MoM)
	Germany		Industrial Production s.a. (MoM)
	Eurozone		Sentix Investor Confidence
	Eurozone		ZEW Survey – Economic Sentiment
	Eurozone		Industrial Production s.a. (MoM)
	Eurozone		Business Climate
	Eurozone
	Spain		S&P Global Services PMI
	Spain		Gross Domestic Product - Estimated (QoQ)
	Spain		S&P Global Manufacturing PMI
	Spain		Gross Domestic Product (QoQ)
	France		S&P Global Manufacturing PMI
	France		S&P Global Composite PMI
	France		S&P Global Services PMI
	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

Calendar - Economic Sentiment Indicator - Eurozone

Economic Sentiment Indicator

Most recent - Thursday 27 February 2025 10:00

Next event - Monday 31 March 2025 09:00

Trading range

Trading range after each Economic Sentiment Indicator event

Forecast history

Past events

Economic context

About Economic Sentiment Indicator

Related events