Gökhan Ergöçün
29 October 2026•Update: 29 October 2026
Economic sentiment in the European Union and the eurozone declined for the second consecutive month in October, according to European Commission survey data released on Thursday.
The Economic Sentiment Indicator fell by 0.6 points from September to 96.9 in both the 27-member bloc and the single currency area.
The downturn was driven by deteriorating confidence across all surveyed sectors except industry, which saw a marginal improvement.
Among the largest EU economies, sentiment dropped sharply in the Netherlands by 3.4 points, edged down in Germany by 0.7 points and in Spain by 0.5 points, while rising 0.8 points in Italy and remaining broadly stable in Poland and France.
Industry confidence edged up 0.3 points, supported by better assessments of finished product stocks alongside marked improvements in past production and export…
