Euro Area Economic Optimism Index

Last Release

Jan 31, 2025

Actual

95.2

Units In

N/A

93.7

Frequency

Monthly

Next Release

Feb 27, 2025

Time to Release

27 Days 9 Hours

Highest	Lowest	Average	Date Range	Source
117.6 Jul 2021	67.9 Apr 2020	99.65	1985-2025	European Commission

In the Euro Area, the Economic sentiment indicator is a composite measure (average=100) that calculates the confidence level among: manufacturers (40 percent of the index); service providers (30 percent); consumers (20 percent); retailers (5 percent) and constructors (5 percent).

Latest Updates

The Eurozone’s Economic Sentiment Indicator (ESI) rose to 95.2 in January of 2025 from the four-year low of 93.7 in the previous month, ahead of market expectations of 94.1 to momentarily indicate that the decline in the bloc’s economic activity has bottomed. Pessimism softened for industrial goods producers (-12.9 vs -14.1 in December 2024) amid a rebound in production expectations, and confidence improved sharply for service providers (6.9 vs 6) as demand in the previous quarter was higher than firms had expected. On the other hand, pessimism for retailers picked up (-5 vs -4.5) to suggest that consumer appetite remained at muted levels.