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 November 2024 10:00

Previous
95.7
Revised
95.7
Forecast
95.1
Actual
95.8

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

Next event - Wednesday 8 January 2025 10:00

Previous
-
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 95.8 against a forecast of 95.1.

Past events

Date
Forecast
Actual
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
Tuesday 30 August 2022 09:00
98
97.6
Thursday 28 July 2022 09:00
102
99
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
Friday 25 February 2022 10:00
113.1
114
Friday 28 January 2022 10:00
114.5
112.7
Friday 7 January 2022 10:00
116
115.3

Economic context

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

PreviousLatest
Unemployment Rate(no change)6.3%6.3%
Gross Domestic Product (QoQ)(no change)0%0%
Gross Domestic Product (YoY)(no change)0.4%0.4%
HCOB Manufacturing PMIBearish change43.243
HCOB Manufacturing PMIBearish change46.944.5
HCOB Manufacturing PMIBearish change54.553.1
Core Harmonized Index of Consumer Prices (MoM)Bearish change0.2%-0.6%
Core Harmonized Index of Consumer Prices (YoY)Bullish change2.7%2.8%
Harmonized Index of Consumer Prices (MoM)Bearish change0.3%-0.3%
Harmonized Index of Consumer Prices (YoY)Bullish change2%2.3%
Consumer Price Index (EU Norm) (YoY)Bullish change1%1.6%
Consumer Price Index (YoY)Bullish change0.9%1.4%
Unemployment ChangeBullish change27K7K
Unemployment Rate s.a.(no change)6.1%6.1%
Consumer Price Index (EU norm) (YoY)Bullish change1.6%1.7%
Retail Sales (MoM)Bearish change1.6%-1.5%
Retail Sales (YoY)Bearish change1.4%1%
Consumer Price Index (MoM)Bearish change0.4%-0.2%
Consumer Price Index (YoY)Bullish change2%2.2%
Harmonized Index of Consumer Prices (MoM)Bearish change0.4%-0.7%
Harmonized Index of Consumer Prices (YoY)(no change)2.4%2.4%
Business ClimateBullish change-0.93-0.77
Consumer ConfidenceBearish change-12.4-13.7
Harmonized Index of Consumer Prices (YoY)Bullish change1.8%2.4%
GfK Consumer Confidence SurveyBearish change-18.4-23.3
IFO – Business ClimateBearish change86.585.7
IFO – Current AssessmentBearish change85.784.3
IFO – ExpectationsBearish change87.387.2
HCOB Manufacturing PMIBearish change4645.2
HCOB Composite PMIBearish change5048.1
HCOB Services PMIBearish change51.649.2
HCOB Composite PMIBearish change48.647.3
HCOB Manufacturing PMIBullish change4343.2
HCOB Services PMIBearish change51.649.4
HCOB Composite PMIBearish change48.144.8
HCOB Manufacturing PMIBearish change44.543.2
HCOB Services PMIBearish change49.245.7
Gross Domestic Product (QoQ)Bearish change0.2%0.1%
Gross Domestic Product (YoY)Bearish change-0.2%-0.3%
Gross Domestic Product w.d.a (YoY)Bearish change0.2%0.1%
Consumer ConfidenceBullish change-12.5-12.4
Producer Price Index (MoM)Bullish change-0.5%0.2%
Producer Price Index (YoY)Bullish change-1.4%-1.1%

About Economic Sentiment Indicator

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

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