Euro Area Economic Optimism Index

Last Release

May 31, 2025

Actual

94.8

Units In

N/A

93.8

Frequency

Monthly

Next Release

Jun 27, 2025

Time to Release

29 Days 8 Hours

Highest	Lowest	Average	Date Range	Source
117.6 Jul 2021	67.9 Apr 2020	99.62	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 economic sentiment indicator (ESI) in the Euro Area increased for the first time in three months to 94.8 in May 2025 from an upwardly revised 93.8 in April, and above forecasts of 94. However, the reading remains below its long-term average of 100. Improvements were seen for industrials (-10.3 vs -11), retailers (-7 vs -8.9), constructors (-3.6 vs -4.1) and consumers (-15.2 vs -16.6). In contrast, services confidence weakened to a four-year low (1.5 vs 1.6). On the pricing front, consumer inflation expectations declined to 23.6 from 29.4 which was the highest level since November 2022, and manufacturers’ selling price expectations fell to 7.9 from 10.6. Among the largest EU economies, the ESI improved in Germany (91.5 vs 90) and Italy (98.6 vs 95.8) but worsened in France (93.1 vs 96.6) and Spain (103.4 vs 103.8).