Euro Area Services Sentiment

The index measuring services confidence in the Euro Area rose by 1.4 points from the previous month to 7.2 in January of 2026, reflecting the strongest confidence in two years, and ahead of market expectations of a softer increase to 6. Services providers displayed a rebound in the assessment of business over the past three months (1 vs -0.2 in December 2025) and the evolution of demand (9.2 vs 6.2) over the past three months, prompting a slight improvement in expectations of demand 11.4 vs 11.3) and employment (1 vs -0.2) in the upcoming three months. In the meantime, selling price expectations eased (14.1 vs 14.5) for the first time since September.