Euro Area Services Sentiment

Last Release

Dec 31, 2024

Actual

5.9

Units In

N/A

5.3

Frequency

Monthly

Next Release

Jan 30, 2025

Time to Release

20 Days 10 Hours

Highest	Lowest	Average	Date Range	Source
35 Jun 1998	-43.5 May 2020	9.24	1995-2024	European Commission

In the Euro Area, Services Sentiment measures the confidence level among service providers and accounts for 30 percent of the Economic Sentiment Indicator.

Latest Updates

The services sentiment indicator in the Eurozone rose to 5.9 in December 2024 from 5.3 in the previous month, slightly above market expectations of 5.8. The assessment of the business situation over the past three months turned positive (0.8 vs -0.4 in November). Meanwhile, the expectations for the next three months worsened for demand (9.9 vs 11), as well as employment (2 vs 3.3). The selling price expectations significantly increased in the services sector, with the share of managers expecting price hikes now exceeding the long-term average.