European Union
+1.3
▲
vs 1w ago (-1.1)
European Union economic data has been roughly in line with expectations. Over the past 90 days,
releases have been close to analyst estimates with no strong directional bias.
Current Score
+1.3
1 Week Ago
-1.1
Releases (90d)
170
Top Beats
5
Top Misses
5
Surprise Index — 3 Year Weekly Trend
G7 Comparison — Economic Surprise Index
▲ Top Positive Surprises
- S&P Global Composite PMI +1.83z
- S&P Global Services PMI +1.64z
- Services Sentiment +10.73z
- CPI YoY +1.49z
- Inflation Rate MoM +1.84z
▼ Top Negative Surprises
- Balance of Trade -3.73z
- Gross Domestic Product YoY -3.66z
- Gross Domestic Product QoQ -3.60z
- GDP Growth Rate QoQ -5.17z
- Industrial Production MoM -0.87z
All Releases — 90 Day Window (170 events)
| Date | Event | Actual | Estimate | Surprise Z | Impact | Contribution |
|---|---|---|---|---|---|---|
| 2026-07-16 | Balance of Trade | -7.8 | -1.6 | -3.730 | Medium | -141.33 |
| 2026-07-24 | S&P Global Composite PMI | 51.9 | 50.3 | +1.826 | Medium | +83.24 |
| 2026-07-24 | S&P Global Services PMI | 51.6 | 49.8 | +1.640 | Medium | +74.76 |
| 2026-05-28 | Services Sentiment | 2.2 | 0.2 | +10.734 | Low | +65.56 |
| 2026-07-01 | CPI YoY | 2.8 | 3.0 | +1.490 | High | +59.89 |
| 2026-06-05 | Gross Domestic Product YoY | 0.3 | 0.8 | -3.658 | Medium | -53.75 |
| 2026-06-05 | Gross Domestic Product QoQ | -0.2 | 0.1 | -3.601 | Medium | -52.92 |
| 2026-07-01 | Inflation Rate MoM | -0.1 | 0.2 | +1.842 | Medium | +49.36 |
| 2026-07-17 | HICP YoY | 2.1 | 2.2 | +2.137 | Low | +41.43 |
| 2026-06-05 | GDP Growth Rate QoQ | -0.2 | 0.1 | -5.166 | Low | -37.95 |
| 2026-07-15 | Industrial Production MoM | -0.2 | 0.2 | -0.869 | Medium | -32.18 |
| 2026-07-02 | Unemployment Rate | 6.2 | 6.3 | +1.129 | Medium | +30.97 |
| 2026-07-17 | Current Account | -6.2 | 8.5 | -1.516 | Low | -29.40 |
| 2026-07-24 | S&P Global Manufacturing PMI | 52.0 | 51.5 | +0.624 | Medium | +28.44 |
| 2026-06-05 | GDP Growth Rate YoY | 0.3 | 0.8 | -3.503 | Low | -25.74 |
| 2026-07-24 | Consumer Inflation Expectation | 3.0 | 3.7 | +0.980 | Low | +22.33 |
| 2026-06-15 | Balance of Trade | -1.0 | 7.8 | -1.086 | Medium | -20.10 |
| 2026-06-29 | Private sector loans YoY | 3.1 | 2.9 | +1.523 | Low | +19.49 |
| 2026-07-27 | Private sector loans YoY | 3.0 | 3.1 | -0.713 | Low | -17.41 |
| 2026-05-21 | S&P Global Composite PMI | 47.5 | 48.8 | -1.529 | Medium | -15.89 |
| 2026-06-01 | Unemployment Rate | 6.3 | 6.2 | -1.148 | Medium | -15.37 |
| 2026-06-04 | Retail Sales YoY | 1.0 | 0.3 | +2.056 | Low | +14.76 |
| 2026-05-21 | S&P Global Services PMI | 46.4 | 47.7 | -1.237 | Medium | -12.85 |
| 2026-06-29 | Consumer Inflation Expectation | 34.0 | 42.0 | +0.987 | Low | +12.62 |
| 2026-07-15 | Industrial Production YoY | -1.2 | -0.5 | -0.613 | Low | -11.34 |
| 2026-06-23 | S&P Global Composite PMI | 49.5 | 49.1 | +0.468 | Medium | +10.42 |
| 2026-07-23 | Consumer Confidence | -15.9 | -16.8 | +0.203 | Medium | +9.03 |
| 2026-06-03 | S&P Global Services PMI | 47.7 | 46.4 | +1.271 | Low | +8.92 |
| 2026-07-01 | Inflation Rate YoY | 2.8 | 3.0 | +0.222 | High | +8.91 |
| 2026-06-04 | S&P Global Construction PMI | 43.7 | 41.5 | +1.205 | Low | +8.65 |
| 2026-06-03 | S&P Global Composite PMI | 48.5 | 47.5 | +1.208 | Low | +8.48 |
| 2026-06-02 | Inflation Rate MoM | 0.1 | 0.2 | +0.614 | Medium | +8.42 |
| 2026-05-28 | Consumer Inflation Expectation | 40.5 | 55.0 | +1.365 | Low | +8.34 |
| 2026-06-23 | S&P Global Services PMI | 48.9 | 48.5 | +0.374 | Medium | +8.33 |
| 2026-06-23 | S&P Global Manufacturing PMI | 51.3 | 51.6 | -0.374 | Medium | -8.32 |
| 2026-04-30 | GDP Growth Rate QoQ | 0.1 | 0.2 | -0.861 | High | -8.26 |
| 2026-07-03 | S&P Global Composite PMI | 50.0 | 49.5 | +0.580 | Low | +8.14 |
| 2026-07-23 | New Car Sales YoY | 13.6 | 9.9 | +0.182 | Medium | +8.09 |
| 2026-06-29 | Selling Price Expectations | 22.3 | 27.0 | +0.604 | Low | +7.73 |
| 2026-05-07 | S&P Global Construction PMI | 41.7 | 45.5 | -1.899 | Low | -7.14 |
| 2026-07-03 | S&P Global Services PMI | 49.4 | 48.9 | +0.464 | Low | +6.51 |
| 2026-07-20 | Construction Output YoY | 1.2 | 0.5 | +0.312 | Low | +6.49 |
| 2026-06-26 | Consumer Inflation Expectation | 3.5 | 3.9 | +0.531 | Low | +6.34 |
| 2026-04-30 | GDP Growth Rate YoY | 0.8 | 0.9 | -0.623 | High | -5.98 |
| 2026-06-29 | Loans to Households YoY | 3.1 | 2.9 | +0.454 | Low | +5.80 |
| 2026-05-28 | Selling Price Expectations | 27.4 | 37.0 | +0.900 | Low | +5.50 |
| 2026-06-15 | Industrial Production MoM | 0.1 | 0.3 | -0.290 | Medium | -5.36 |
| 2026-06-29 | M3 Money Supply YoY | 3.2 | 2.7 | +0.409 | Low | +5.23 |
| 2026-07-27 | Loans to Households YoY | 3.0 | 3.1 | -0.212 | Low | -5.19 |
| 2026-05-21 | S&P Global Manufacturing PMI | 51.4 | 51.8 | -0.496 | Medium | -5.16 |
| 2026-06-15 | Industrial Production YoY | 0.3 | -1.7 | +0.515 | Low | +4.76 |
| 2026-07-01 | Core Inflation Rate YoY | 2.4 | 2.6 | +0.159 | Medium | +4.25 |
| 2026-05-19 | Balance of Trade | 7.8 | 5.4 | +0.428 | Medium | +4.24 |
| 2026-07-21 | ZEW Economic Sentiment Index | 23.4 | 11.2 | +0.100 | Medium | +4.24 |
| 2026-04-30 | Gross Domestic Product YoY | 0.8 | 0.9 | -0.650 | Medium | -4.16 |
| 2026-06-16 | ZEW Economic Sentiment Index | 9.5 | -7.2 | +0.212 | Medium | +4.02 |
| 2026-04-30 | Gross Domestic Product QoQ | 0.1 | 0.2 | -0.600 | Medium | -3.84 |
| 2026-06-18 | Current Account | 14.9 | 25.6 | -0.367 | Low | -3.64 |
| 2026-06-18 | Construction Output YoY | 0.9 | -1.6 | +0.349 | Low | +3.46 |
| 2026-05-21 | Consumer Confidence | -19.0 | -20.8 | +0.327 | Medium | +3.40 |
| 2026-07-06 | Retail Sales MoM | 0.2 | 0.3 | -0.105 | Medium | -3.16 |
| 2026-06-29 | Loans to Companies YoY | 4.0 | 3.6 | +0.235 | Low | +3.00 |
| 2026-06-01 | M3 Money Supply YoY | 2.7 | 3.3 | -0.402 | Low | -2.69 |
| 2026-05-06 | Producer Price Index YoY | 2.1 | 1.8 | -0.719 | Low | -2.64 |
| 2026-04-29 | Services Sentiment | 0.9 | 3.5 | -0.797 | Low | -2.49 |
| 2026-06-03 | Producer Price Index MoM | 0.6 | 0.4 | -0.352 | Low | -2.47 |
| 2026-06-01 | Consumer Inflation Expectation | 4.0 | 4.3 | +0.361 | Low | +2.42 |
| 2026-07-06 | Producer Price Index YoY | 5.9 | 5.7 | -0.151 | Low | -2.28 |
| 2026-04-29 | Private sector loans YoY | 3.0 | 3.1 | -0.713 | Low | -2.23 |
| 2026-05-22 | Negotiated Wage Growth | 2.46 | 2.7 | -0.206 | Medium | -2.19 |
| 2026-04-29 | Selling Price Expectations | 31.1 | 26.0 | -0.681 | Low | -2.13 |
| 2026-07-06 | Sentix Investors Sentiment | -3.1 | -14.5 | +0.120 | Low | +1.81 |
| 2026-06-01 | S&P Global Manufacturing PMI | 51.6 | 51.4 | +0.250 | Low | +1.68 |
| 2026-07-01 | S&P Global Manufacturing PMI | 51.4 | 51.3 | +0.125 | Low | +1.68 |
| 2026-07-06 | S&P Global Construction PMI | 42.8 | 43.0 | -0.106 | Low | -1.59 |
| 2026-05-07 | Retail Sales MoM | -0.1 | -0.3 | +0.210 | Medium | +1.58 |
| 2026-06-23 | New Car Sales YoY | 3.2 | 2.8 | +0.069 | Medium | +1.55 |
| 2026-06-04 | Retail Sales MoM | -0.4 | -0.3 | -0.105 | Medium | -1.51 |
| 2026-06-01 | Loans to Companies YoY | 3.4 | 3.1 | +0.204 | Low | +1.37 |
| 2026-06-16 | Wage Growth YoY | 3.4 | 2.9 | +0.143 | Low | +1.36 |
| 2026-05-27 | New Car Sales YoY | 5.1 | 6.6 | -0.110 | Medium | -1.32 |
| 2026-07-27 | Loans to Companies YoY | 4.0 | 4.1 | -0.051 | Low | -1.26 |
| 2026-05-13 | Industrial Production MoM | 0.2 | 0.3 | -0.145 | Medium | -1.25 |
| 2026-06-02 | Core Inflation Rate YoY | 2.5 | 2.4 | -0.086 | Medium | -1.18 |
| 2026-05-21 | Current Account | 24.1 | 32.0 | -0.216 | Low | -1.12 |
| 2026-04-30 | Inflation Rate YoY | 3.0 | 2.9 | -0.115 | High | -1.10 |
| 2026-04-29 | Loans to Companies YoY | 3.2 | 2.8 | +0.302 | Low | +0.94 |
| 2026-06-22 | Consumer Confidence | -17.7 | -17.5 | -0.043 | Medium | -0.94 |
| 2026-06-29 | Services Sentiment | 3.2 | 3.0 | +0.072 | Low | +0.92 |
| 2026-05-06 | S&P Global Composite PMI | 48.8 | 48.6 | +0.236 | Low | +0.87 |
| 2026-06-17 | Core Inflation Rate YoY | 2.6 | 2.5 | -0.082 | Low | -0.80 |
| 2026-05-06 | S&P Global Services PMI | 47.6 | 47.4 | +0.191 | Low | +0.70 |
| 2026-05-21 | Labour Cost Index YoY | 3.3 | 3.0 | -0.129 | Low | -0.67 |
| 2026-04-29 | Loans to Households YoY | 3.0 | 3.1 | -0.212 | Low | -0.66 |
| 2026-05-07 | Retail Sales YoY | 1.2 | 1.0 | +0.176 | Low | +0.66 |
| 2026-06-03 | Producer Price Index YoY | 4.9 | 4.8 | -0.090 | Low | -0.63 |
| 2026-05-21 | Construction Output YoY | -1.2 | -2.6 | +0.120 | Low | +0.62 |
| 2026-04-30 | Core Inflation Rate YoY | 2.2 | 2.3 | +0.090 | Medium | +0.57 |
| 2026-06-29 | Economic Sentiment | 95.0 | 94.3 | +0.019 | Medium | +0.49 |
| 2026-05-13 | Industrial Production YoY | -2.1 | -1.7 | -0.103 | Low | -0.44 |
| 2026-05-12 | ZEW Economic Sentiment Index | -9.1 | -20.0 | +0.050 | Medium | +0.42 |
| 2026-07-17 | CPI | 103.02 | 103.07 | +0.022 | Low | +0.42 |
| 2026-06-29 | Industrial Sentiment | -7.7 | -7.2 | -0.030 | Low | -0.38 |
| 2026-04-29 | Consumer Inflation Expectation | 49.1 | 48.0 | -0.119 | Low | -0.37 |
| 2026-04-29 | Economic Sentiment | 93.0 | 95.2 | -0.060 | Medium | -0.37 |
| 2026-06-16 | Labour Cost Index YoY | 3.2 | 3.3 | +0.039 | Low | +0.37 |
| 2026-05-28 | Economic Sentiment | 93.5 | 92.8 | +0.020 | Medium | +0.24 |
| 2026-04-29 | M3 Money Supply YoY | 3.2 | 3.1 | +0.071 | Low | +0.22 |
| 2026-06-02 | CPI | 103.15 | 103.2 | +0.022 | Low | +0.15 |
| 2026-05-04 | Sentix Investors Sentiment | -16.4 | -20.9 | +0.033 | Low | +0.12 |
| 2026-04-29 | Industrial Sentiment | -7.7 | -7.2 | -0.030 | Low | -0.09 |
| 2026-05-06 | Producer Price Index MoM | 3.4 | 3.3 | -0.021 | Low | -0.08 |
| 2026-06-17 | CPI | 103.13 | 103.15 | +0.009 | Low | +0.08 |
| 2026-04-30 | CPI | 103.05 | 103.0 | -0.022 | Low | -0.07 |
| 2026-06-08 | Sentix Investors Sentiment | -13.4 | -13.8 | +0.004 | Low | +0.03 |
| 2026-05-20 | CPI | 103.04 | 103.05 | +0.004 | Low | +0.02 |
| 2026-04-29 | Consumer Confidence | -20.6 | -20.6 | +0.000 | Low | +0.00 |
| 2026-04-30 | Inflation Rate MoM | 1.0 | 1.0 | -0.000 | Medium | -0.00 |
| 2026-04-30 | CPI YoY | 2.2 | 2.2 | -0.000 | Medium | -0.00 |
| 2026-04-30 | Unemployment Rate | 6.2 | 6.2 | -0.000 | Medium | -0.00 |
| 2026-04-30 | Interest Rate Decision | 2.15 | 2.15 | +0.000 | High | +0.00 |
| 2026-04-30 | Marginal Lending Rate | 2.4 | 2.4 | +0.000 | Low | +0.00 |
| 2026-04-30 | Deposit Facility Rate | 2.0 | 2.0 | +0.000 | High | +0.00 |
| 2026-04-30 | ECB Interest Rate Decision | 2.15 | 2.15 | +0.000 | High | +0.00 |
| 2026-05-04 | S&P Global Manufacturing PMI | 52.2 | 52.2 | +0.000 | Low | +0.00 |
| 2026-05-13 | Gross Domestic Product QoQ | 0.1 | 0.1 | +0.000 | Medium | +0.00 |
| 2026-05-13 | GDP Growth Rate YoY | 0.8 | 0.8 | +0.000 | Low | +0.00 |
| 2026-05-13 | Employment Change YoY | 0.5 | 0.5 | +0.000 | Medium | +0.00 |
| 2026-05-13 | Employment Change QoQ | 0.1 | 0.1 | +0.000 | Medium | +0.00 |
| 2026-05-13 | Gross Domestic Product YoY | 0.8 | 0.8 | +0.000 | Medium | +0.00 |
| 2026-05-13 | GDP Growth Rate QoQ | 0.1 | 0.1 | +0.000 | Low | +0.00 |
| 2026-05-20 | Inflation Rate YoY | 3.0 | 3.0 | -0.000 | Low | -0.00 |
| 2026-05-20 | CPI MoM | 1.0 | 1.0 | -0.000 | Medium | -0.00 |
| 2026-05-20 | Core Inflation Rate YoY | 2.2 | 2.2 | -0.000 | Low | -0.00 |
| 2026-05-20 | CPI YoY | 3.0 | 3.0 | -0.000 | High | -0.00 |
| 2026-05-20 | Inflation Rate MoM | 1.0 | 1.0 | -0.000 | Low | -0.00 |
| 2026-05-20 | HICP YoY | 2.1 | 2.1 | -0.000 | Low | -0.00 |
| 2026-05-20 | HICP MoM | 0.8 | 0.8 | -0.000 | Low | -0.00 |
| 2026-05-28 | Consumer Confidence | -19.0 | -19.0 | +0.000 | Low | +0.00 |
| 2026-05-28 | Industrial Sentiment | -8.0 | -8.0 | +0.000 | Low | +0.00 |
| 2026-06-01 | Loans to Households YoY | 3.0 | 3.0 | +0.000 | Low | +0.00 |
| 2026-06-02 | CPI YoY | 3.2 | 3.2 | -0.000 | High | -0.00 |
| 2026-06-02 | Inflation Rate YoY | 3.2 | 3.2 | -0.000 | High | -0.00 |
| 2026-06-05 | Employment Change YoY | 0.5 | 0.5 | +0.000 | Low | +0.00 |
| 2026-06-05 | Employment Change QoQ | 0.1 | 0.1 | +0.000 | Low | +0.00 |
| 2026-06-11 | Marginal Lending Rate | 2.65 | 2.65 | +0.000 | Low | +0.00 |
| 2026-06-11 | Deposit Facility Rate | 2.25 | 2.25 | +0.000 | High | +0.00 |
| 2026-06-11 | Interest Rate Decision | 2.4 | 2.4 | +0.000 | High | +0.00 |
| 2026-06-17 | HICP MoM | 0.3 | 0.3 | -0.000 | Low | -0.00 |
| 2026-06-17 | HICP YoY | 2.3 | 2.3 | -0.000 | Low | -0.00 |
| 2026-06-17 | CPI MoM | 0.1 | 0.1 | -0.000 | Medium | -0.00 |
| 2026-06-17 | Inflation Rate YoY | 3.2 | 3.2 | -0.000 | Low | -0.00 |
| 2026-06-17 | CPI YoY | 3.2 | 3.2 | -0.000 | High | -0.00 |
| 2026-06-17 | Inflation Rate MoM | 0.1 | 0.1 | -0.000 | Low | -0.00 |
| 2026-06-29 | Consumer Confidence | -17.7 | -17.7 | +0.000 | Low | +0.00 |
| 2026-07-01 | CPI | 103.07 | 103.07 | -0.000 | Low | -0.00 |
| 2026-07-06 | Retail Sales YoY | 1.6 | 1.6 | +0.000 | Low | +0.00 |
| 2026-07-06 | Producer Price Index MoM | 0.2 | 0.2 | -0.000 | Low | -0.00 |
| 2026-07-17 | Core Inflation Rate YoY | 2.4 | 2.4 | -0.000 | Low | -0.00 |
| 2026-07-17 | Inflation Rate YoY | 2.8 | 2.8 | -0.000 | Low | -0.00 |
| 2026-07-17 | Inflation Rate MoM | -0.1 | -0.1 | -0.000 | Low | -0.00 |
| 2026-07-17 | CPI MoM | -0.1 | -0.1 | -0.000 | Medium | -0.00 |
| 2026-07-17 | HICP MoM | 0.2 | 0.2 | -0.000 | Low | -0.00 |
| 2026-07-17 | CPI YoY | 2.8 | 2.8 | -0.000 | High | -0.00 |
| 2026-07-23 | Interest Rate Decision | 2.4 | 2.4 | +0.000 | High | +0.00 |
| 2026-07-23 | Deposit Facility Rate | 2.25 | 2.25 | +0.000 | High | +0.00 |
| 2026-07-23 | Marginal Lending Rate | 2.65 | 2.65 | +0.000 | Low | +0.00 |
| 2026-07-23 | Interest Rate Decision | 2.4 | 2.4 | +0.000 | High | +0.00 |
| 2026-07-23 | Deposit Facility Rate | 2.25 | 2.25 | +0.000 | High | +0.00 |
| 2026-07-27 | M3 Money Supply YoY | 3.3 | 3.3 | +0.000 | Low | +0.00 |