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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

  • Almost all ecosystems recorded a decrease in confidence. Two ecosystems (Retail and Proximity & Social Economy) remained stable.
  • A single ecosystem (Creative & Cultural Industries) recorded an increase compared to March, driven mostly by the lift in Other professional, scientific and technical activities and Motion picture, video and television programme production, sound recording and music publishing activities.
  • The largest decrease was recorded for Textile ecosystem (in which the level of confidence remains the lowest), followed by Health, Tourism, and Agri-Food. The drop in confidence for Textile is driven mostly by the decline in Manufacture of wearing apparel.

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