Euro Area Industrial Sentiment

The Eurozone industrial confidence indicator rose to -6.8 in January 2026, up from a revised -8.5 in December and well above market expectations of -8.1, marking its strongest reading since May 2023. The improvement was broad-based, with firms reporting more positive assessments across all three main components: production expectations, the current level of overall order books, and stocks of finished products. Outside the headline indicator, however, firms’ evaluations of export order books and recent production changes declined slightly.