FX.co ★ Euro Area Industrial Sentiment Improves to 2023-Highs

In October 2025, the Euro Area industry confidence indicator improved to -8.2, marking its highest level since June 2023. This is an improvement from -10.1 in September and surpassed expectations of -10. The uptick was attributed to more optimistic production forecasts by managers and enhanced evaluations of present overall order book levels. Moreover, managers' perceptions of finished product inventories remained largely unchanged.