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Internal Market, Industry, Entrepreneurship and SMEs

Confidence Indicator for the industrial ecosystems

Updated every month and based on data extracted by the Joint Harmonised EU Programme of Business and Consumer Surveys, provides a timely indication of the state of each ecosystem at the EU level.

We build a profile of the economic sentiment for each ecosystem, by calculating a weighted average of the values of those sectors included in the definition of each ecosystem; the weights are based on the share of value added that each sector has in the total value added of the ecosystem, as a measure of the relevance of that sector to that ecosystem.

Key messages of this edition

  • Half of all ecosystems recorded an increase in confidence.
  • Four ecosystems remained stable.
  • Two ecosystems (Electronics and Creative & Cultural Industries) recorded a decrease compared to October.
  • The largest increase was recorded for Retail.
  • The largest decrease was recorded for electronics.
  • The rise in confidence for Retail is driven mostly by the lift in Retail trade, except of motor vehicles and motorcycles.
  • The drop in confidence for Electronics is driven mostly by the decline in Manufacture of computer, electronic and optical products.

Note: For 'Retail', 'Agrifood', 'Proximity-Social Economy', 'Renewable Energies', and 'Health', data available only partially cover that ecosystem, so we used dashed lines and the related values have to be interpreted with caution