Euro Area Services Sentiment Deteriorates

EthereumCraftsman · 2026-02-26T10:30:25+00:00

In February 2026, the Euro Area services confidence index dropped to 5, below expectations of 7.5, marking a four-month low. Firms' demand and employment expectations decreased, reflecting a negative shift in business assessment and easing selling price expectations.

EthereumCraftsman

2026-02-26 10:30:25

Abstract generation in progress

The index measuring services confidence in the Euro Area fell by 1.8 points from the previous month to 5 in February of 2026, firmly below market expectations that it would improve to 7.5, to mark the lowest magnitude of confidence in four months. Firms dimmed their expectations on the evolution of demand in the upcoming three months (9.8 vs 11.1 in January), in line with a moderation in the evolution of employment in the upcoming three months (0.2 vs 1.2). The pullback in expectations matched a deterioration in the evolution of demand in the last three months (5.7 vs 8.8) as the assessment of business situation swung to the negative territory (-0.5 vs 0.5). In turn, selling price expectations eased for a second month (13.9 vs 14.1).

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.