Business Confidence in Eurozone

Comision Europea · Monthly · Importance 33

-6.1 (Jul-26) ABS · points · Mensual · CSV

Period	points
Jul 2026	-6.1
Jun 2026	-7.5
May 2026	-7.8
Apr 2026	-7.5
Mar 2026	-7.0
Feb 2026	-7.3
Jan 2026	-6.9
Dec 2025	-8.7
Nov 2025	-9.0
Oct 2025	-8.1
Sep 2025	-9.9
Aug 2025	-9.9
Jul 2025	-10.2
Jun 2025	-11.2
May 2025	-9.7
Apr 2025	-10.6
Mar 2025	-10.4
Feb 2025	-10.8
Jan 2025	-12.2
Dec 2024	-14.0
Nov 2024	-10.8
Oct 2024	-12.5
Sep 2024	-11.3
Aug 2024	-10.2
Jul 2024	-10.7
Jun 2024	-10.0
May 2024	-10.3
Apr 2024	-10.4
Mar 2024	-9.6
Feb 2024	-9.9
Jan 2024	-9.8
Dec 2023	-8.7
Nov 2023	-9.6
Oct 2023	-9.3
Sep 2023	-8.6
Aug 2023	-10.0
Jul 2023	-9.2
Jun 2023	-7.0
May 2023	-5.8
Apr 2023	-3.4
Mar 2023	-1.6
Feb 2023	-0.8
Jan 2023	0.8
Dec 2022	-0.4
Nov 2022	-1.4
Oct 2022	-0.5
Sep 2022	0.2
Aug 2022	1.7
Jul 2022	3.8
Jun 2022	7.5
May 2022	6.2
Apr 2022	7.4
Mar 2022	7.9
Feb 2022	13.5
Jan 2022	13.1
Dec 2021	14.5
Nov 2021	14.0
Oct 2021	14.6
Sep 2021	14.3
Aug 2021	13.9

Period	points
Jul 2026	96.9
Jun 2026	95.4
May 2026	94.1
Apr 2026	93.7
Mar 2026	96.7
Feb 2026	98.3
Jan 2026	99.1
Dec 2025	96.9
Nov 2025	97.2
Oct 2025	97.1
Sep 2025	96.0
Aug 2025	95.5
Jul 2025	95.9
Jun 2025	94.6
May 2025	95.9
Apr 2025	94.8
Mar 2025	95.6
Feb 2025	96.3
Jan 2025	95.2
Dec 2024	93.8
Nov 2024	96.0
Oct 2024	96.3
Sep 2024	96.1
Aug 2024	96.6
Jul 2024	96.1
Jun 2024	96.4
May 2024	96.5
Apr 2024	96.3
Mar 2024	96.2
Feb 2024	95.2
Jan 2024	95.6
Dec 2023	96.7
Nov 2023	94.1
Oct 2023	93.7
Sep 2023	93.8
Aug 2023	94.1
Jul 2023	95.0
Jun 2023	95.9
May 2023	96.8
Apr 2023	99.1
Mar 2023	98.4
Feb 2023	98.7
Jan 2023	99.2
Dec 2022	97.1
Nov 2022	95.4
Oct 2022	94.2
Sep 2022	95.1
Aug 2022	98.7
Jul 2022	99.5
Jun 2022	104.4
May 2022	105.4
Apr 2022	105.1
Mar 2022	106.5
Feb 2022	115.2
Jan 2022	113.9
Dec 2021	115.8
Nov 2021	117.6
Oct 2021	119.8
Sep 2021	119.2
Aug 2021	118.4

Period	points
Jul 2026	4.7
Jun 2026	4.2
May 2026	3.6
Apr 2026	2.5
Mar 2026	5.5
Feb 2026	5.5
Jan 2026	6.8
Dec 2025	5.3
Nov 2025	5.5
Oct 2025	4.1
Sep 2025	4.0
Aug 2025	3.5
Jul 2025	3.8
Jun 2025	3.1
May 2025	3.0
Apr 2025	3.5
Mar 2025	3.3
Feb 2025	5.2
Jan 2025	4.9
Dec 2024	5.1
Nov 2024	4.7
Oct 2024	6.9
Sep 2024	6.3
Aug 2024	6.3
Jul 2024	5.3
Jun 2024	6.6
May 2024	7.4
Apr 2024	6.8
Mar 2024	6.8
Feb 2024	5.7
Jan 2024	7.3
Dec 2023	7.5
Nov 2023	5.5
Oct 2023	5.2
Sep 2023	4.9
Aug 2023	5.2
Jul 2023	6.1
Jun 2023	5.8
May 2023	7.3
Apr 2023	9.3
Mar 2023	7.8
Feb 2023	7.7
Jan 2023	8.0
Dec 2022	6.4
Nov 2022	4.6
Oct 2022	4.1
Sep 2022	6.1
Aug 2022	8.8
Jul 2022	9.5
Jun 2022	12.7
May 2022	12.9
Apr 2022	12.2
Mar 2022	12.3
Feb 2022	14.2
Jan 2022	10.9
Dec 2021	13.0
Nov 2021	19.0
Oct 2021	19.6
Sep 2021	17.2
Aug 2021	17.2

Period	points
Jul 2026	-15.9
Jun 2026	-17.6
May 2026	-18.9
Apr 2026	-20.5
Mar 2026	-16.3
Feb 2026	-12.4
Jan 2026	-12.5
Dec 2025	-13.3
Nov 2025	-12.9
Oct 2025	-12.6
Sep 2025	-13.5
Aug 2025	-14.1
Jul 2025	-13.5
Jun 2025	-13.9
May 2025	-13.5
Apr 2025	-15.0
Mar 2025	-13.2
Feb 2025	-12.5
Jan 2025	-12.5
Dec 2024	-12.6
Nov 2024	-12.2
Oct 2024	-11.1
Sep 2024	-11.6
Aug 2024	-12.0
Jul 2024	-11.6
Jun 2024	-12.5
May 2024	-12.7
Apr 2024	-12.9
Mar 2024	-13.4
Feb 2024	-14.2
Jan 2024	-14.6
Dec 2023	-13.8
Nov 2023	-15.7
Oct 2023	-16.7
Sep 2023	-16.6
Aug 2023	-14.7
Jul 2023	-13.9
Jun 2023	-14.7
May 2023	-15.8
Apr 2023	-15.7
Mar 2023	-17.7
Feb 2023	-17.8
Jan 2023	-19.5
Dec 2022	-20.8
Nov 2022	-22.6
Oct 2022	-26.2
Sep 2022	-27.5
Aug 2022	-23.8
Jul 2022	-26.1
Jun 2022	-22.7
May 2022	-20.0
Apr 2022	-20.8
Mar 2022	-20.6
Feb 2022	-8.3
Jan 2022	-8.3
Dec 2021	-8.1
Nov 2021	-6.9
Oct 2021	-4.0
Sep 2021	-2.5
Aug 2021	-4.1

About this indicator

Source	European Commission
Frequency	Monthly
Release	Último día laborable del mes al que se refiere
What it is	Euro area Business Confidence is part of the European Commission's business surveys, which also provide the Economic Sentiment Indicator and confidence indices for industry, construction, retail trade and services. Indices are calculated for each country, for the euro area and for the European Union as a whole.
How it's calculated	It is based on qualitative surveys of a broad panel of firms across the various sectors. From their responses on their situation and expectations, the confidence indices are compiled as net balances, and include supplementary information such as capacity utilisation in industry.
Market implications	It gauges firms' perception of how the euro area economy is faring and anticipates their spending and investment decisions ahead of the later hard data. It is therefore regarded as a leading indicator of the bloc's business cycle, followed by markets and by the ECB.
Limitations	As it is released after the individual member states' confidence indices, it rarely brings surprising information, since much of its content has already been previewed. Being a sentiment survey, it also captures perceptions rather than activity actually carried out.