FX.co ★ Eurozone Services Sentiment Improves as Expected

Confidence in the Eurozone services sector strengthened in June 2026, with the index rising to 3.2 from 2.6 in May, its highest level since March and slightly above market expectations of 3. Expectations for future demand improved notably, climbing to 7.3 from 5.4 in May, supported by anticipated easing in cost pressures as energy prices retreated from their peaks amid signs of restored supply from the Middle East.

In line with this, selling price expectations declined to 14.1 from 16.0, while the uncertainty indicator eased to 15.3 from 16.5. The overall improvement in sentiment was driven entirely by more optimistic views on the broader macroeconomic environment. By contrast, assessments of actual demand over the past three months (3.0 versus 2.9) and of the current business situation (-0.6 versus -0.6) remained broadly unchanged.