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. source: European Commission
Services Sentiment In the Euro Area increased to 5.90 points in December from 5.30 points in November of 2024. Services Sentiment in Euro Area averaged 9.31 points from 1995 until 2024, reaching an all time high of 35.90 points in March of 2000 and a record low of -52.10 points in May of 2020. This page provides - Euro Area Services Sentiment- actual values, historical data, forecast, chart, statistics, economic calendar and news. Euro Area Services Sentiment - data, historical chart, forecasts and calendar of releases - was last updated on January of 2025.
Services Sentiment In the Euro Area increased to 5.90 points in December from 5.30 points in November of 2024. Services Sentiment in Euro Area is expected to be 10.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Services Sentiment is projected to trend around 9.00 points in 2026, according to our econometric models.