The Eurozone Economic Sentiment Indicator rose for a fourth consecutive month to 98.4 in August 2026, up from a revised 97.1 in July and above market expectations of 97.5. It was the highest reading since January, as businesses and consumers remained hopeful of a resolution to the six-month-long US-Iran war. Confidence improved across all sectors, with sentiment strengthening among manufacturers (-5.3 vs. -6.1), service providers (5.8 vs. 5.1), consumers (-15.5 vs. -15.9), retailers (-5.7 vs. -6.8) and constructors (-5.0 vs. -5.2). Inflation expectations were mixed: consumer expectations rose to 33.0 from 30.4, while manufacturers’ selling-price expectations eased to 16.4 from 17.8. Among the major economies, sentiment improved in France (+2.3), Germany (+1.3) and Italy (+0.8), was broadly stable in the Netherlands (-0.1), and declined in Spain (-2.2). source: European Commission

Economic Optimism Index In the Euro Area increased to 98.40 points in August from 97.10 points in July of 2026. Economic Optimism Index in Euro Area averaged 99.93 points from 1985 until 2026, reaching an all time high of 119.80 points in October of 2021 and a record low of 57.80 points in April of 2020. This page provides - Euro Area Economic Sentiment Indicator- actual values, historical data, forecast, chart, statistics, economic calendar and news. Euro Area Economic Sentiment Indicator - data, historical chart, forecasts and calendar of releases - was last updated on September of 2026.

Economic Optimism Index In the Euro Area increased to 98.40 points in August from 97.10 points in July of 2026. Economic Optimism Index in Euro Area is expected to be 94.50 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Economic Sentiment Indicator is projected to trend around 99.00 points in 2027 and 101.00 points in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-07-30 09:00 AM
Economic Sentiment
Jul 96.9 95.4 96 95.9
2026-08-28 09:00 AM
Economic Sentiment
Aug 98.4 97.1 97.5 97.1
2026-09-29 09:00 AM
Economic Sentiment
Sep 98.4 94.5



Components Last Previous Unit Reference
Consumer Confidence -15.50 -15.90 points Aug 2026
Consumer Inflation Expectations 33.00 30.40 points Aug 2026
Industrial Sentiment -5.30 -6.10 points Aug 2026
Selling Price Expectations 16.40 17.80 points Aug 2026
Services Sentiment 5.80 5.10 points Aug 2026

Related Last Previous Unit Reference
Business Confidence -0.22 -0.19 points Aug 2026
Economic Sentiment 98.40 97.10 points Aug 2026


Euro Area Economic Sentiment Indicator
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).
Actual Previous Highest Lowest Dates Unit Frequency
98.40 97.10 119.80 57.80 1985 - 2026 points Monthly
SA

News Stream
Eurozone Economic Sentiment Hits Seven-Month High
The Eurozone Economic Sentiment Indicator rose for a fourth consecutive month to 98.4 in August 2026, up from a revised 97.1 in July and above market expectations of 97.5. It was the highest reading since January, as businesses and consumers remained hopeful of a resolution to the six-month-long US-Iran war. Confidence improved across all sectors, with sentiment strengthening among manufacturers (-5.3 vs. -6.1), service providers (5.8 vs. 5.1), consumers (-15.5 vs. -15.9), retailers (-5.7 vs. -6.8) and constructors (-5.0 vs. -5.2). Inflation expectations were mixed: consumer expectations rose to 33.0 from 30.4, while manufacturers’ selling-price expectations eased to 16.4 from 17.8. Among the major economies, sentiment improved in France (+2.3), Germany (+1.3) and Italy (+0.8), was broadly stable in the Netherlands (-0.1), and declined in Spain (-2.2).
2026-08-28
Eurozone Economic Sentiment Improves More Than Expected
The Economic Sentiment Indicator for the Eurozone rose to 96.9 in July of 2026 from the upwardly revised 95.4 in the previous month, ahead of the median market consensus of 96. It was the highest reading since February, reflecting an improvement in sentiment from the momentary drop in energy prices and borrowing costs on the short-lived truce in the Middle East war. The confidence indicator for services providers improved to 4.7 from the upwardly revised 4.2. Meanwhile, industrial pessimism softened to -6.1 from 7.5. Among the Euro Area's largest economies, the ESI rose for Germany (97.2 vs 91.6), France (95.9 vs 93.5), Italy (99.6 vs 99.2), and Spain (104.3 vs 103.5).
2026-07-30
Eurozone Economic Sentiment Improves for Second Month
The Eurozone Economic Sentiment Indicator rose for a second consecutive month to 95.0 in June 2026, moving further from April’s five-year low and surpassing market expectations of 94.3, as businesses and consumers continued to evaluate the economic impact of the Iran war amid ongoing US-Iran peace negotiations. Sectoral confidence showed mixed trends: service providers (3.2 vs. 2.6 in May), retailers (-9.7 vs. -10.9), consumers (-17.7 vs. -19.0), and manufacturers (-7.7 vs. -7.9) saw slight improvements, while confidence among constructors worsened (-4.5 vs. -3.9). On inflation, consumer expectations fell to 34.0 from 40.4, and manufacturers’ selling price expectations eased to 22.3 from 26.7. Among major Eurozone economies, the ESI increased significantly in the Netherlands (+4.1), Germany (+1.7), and Italy (+1.3), while Spain saw a modest rise (+0.7). France’s ESI remained broadly stable (-0.2).
2026-06-29