New30 Oct 2026When the Forecast Becomes the Target: How to Keep Your Numbers Honest
Indicio

Home / Forecast templates

Economic forecasts

Nowcasting Economic Sentiment Indicator in EU

Nowcasting the Economic Sentiment Indicator in EU requires analyzing a blend of high-frequency indicators like the Spanish, German and French yields, the Citi Economic Surprise Index and the DAX 40, which give early signals of the health of the economy.

99,7%
Accuracy
25+
Leading indicators
Migration draft. Headings, figures and names are taken from the current page. The body text is a draft and will be replaced with the original wording when the content is imported from the CMS.

Leading indicators identified with Indicio

Forecasted variable: EU, Economic Surveys, DG ECFIN, Economic Sentiment Indicator, Balance, SA, Index

IndicatorRelevance
Spain, Government Benchmarks, Bank of Spain, 3 Year, Yield★★★★
Germany, Government Benchmarks, 3 Month, Yield★★★
France, Yield Curve, CNO-TEC, 3 Year, Yield★★
Euro Area, Leading Indicators, Citi, Economic Surprise Index, Index★
Germany, Equity Indices, Deutsche Boerse, DAX, 40 Index, Total Return, Close, EUR★
Germany, Government Benchmarks, 2 Year, Yield★
Spain, Equity Indices, Madrid Stock Exchange, IBEX 35 Index, Close, EUR★
France, Business Surveys, Bank of France, Industry, Change in Overall Level of New Orders, Manufacturing Industry, SA★
France, Equity Indices, Euronext Paris, CAC 40 Index, Price Return, Close, EUR★
China, Shanghai Shipping Exchange, Shipping, China Containerized Freight, Index★
France, Business Surveys, DG ECFIN, Industrial Confidence Indicator, Total Sector, Monthly, Balance, SA★
Germany, Business Surveys, Ifo, Business Survey, Services, Freight Transport by Road, Expectations regarding Demand/ Turnover, Balance, SA (X-13 ARIMA)★
Euro Area, Leading Indicators, ECB, Indicator of Systemic Stress, Composite Index, Index★
France, Business Surveys, S&P Global, Composite, Composite PMI Output Index, SA, Index★
France, Business Surveys, S&P Global, Manufacturing, Manufacturing PMI, SA, Index★
France, Consumer Surveys, INSEE, Consumer Confidence Indicator, Synthetic Index, SA, Index★
Germany, Business Surveys, DG ECFIN, Industrial Confidence Indicator, Total Sector, Monthly, Balance, SA★
Germany, Business Surveys, Ifo, Business Survey, Trade, Expectations with Regard to Employees in the Next 3 Months, Balance★
Germany, Business Surveys, S&P Global, Composite, Composite PMI Output Index, SA, Index★
Germany, Business Surveys, S&P Global, Manufacturing, Manufacturing PMI, SA, Index★
Germany, Consumer Surveys, DG ECFIN, Consumer Confidence, Balance, SA★
Germany, Leading Indicators, Central Bank of Germany, Weekly Activity Index (WAI), Index★
Germany, Truck Toll Mileage Index, Total, Calendar Adjusted (X13 JDemetra+), SA (X13 JDemetra+), Index★
Spain, Business Surveys, DG ECFIN, Industrial Confidence Indicator, Total Sector, Monthly, Balance, SA★
Spain, Business Surveys, S&P Global, Manufacturing, Manufacturing PMI, SA, Index★
Spain, Consumer Surveys, Ministry of Economy & Business, Consumer Confidence Indicator, Total, SA★

Indicio captures the group effect of the leading indicators; the relevance ranking of each indicator changes over time.

Top indicators identified

Spain, Government Benchmarks, Bank of Spain, 3 Year, Yield

The yield on three-year Spanish government bonds as tracked by the Bank of Spain. It reflects the expected return to maturity and serves as a gauge of short-term borrowing costs, shaped by inflation, monetary policy and investor demand.

Germany, Government Benchmarks, 3 Month, Yield

The yield on German government securities with three-month maturities. It indicates short-term borrowing costs, is influenced by monetary policy, market rates and economic conditions, and gauges short-term investor sentiment.

France, Yield Curve, CNO-TEC, 3 Year, Yield

The yield on three-year French government bonds within the CNO-TEC yield curve. It measures short-term borrowing costs, reflecting interest rates, inflation expectations and investor sentiment, and helps in analyzing France's yield curve.

“Indicio has continuously improved our forecasts and added features that automate and support our business process.”
Steven Van Poecke · Head of Marketing Intelligence, Toyota Material Handling

Explore our forecasts

We cover major economic indicators from GDP to PMI, with unmatched accuracy

  • US Non-Farm Payrolls
  • Economic sentiment indicator
  • US Inflation
  • GDP Germany
  • US PMI
  • EA Inflation
  • US New Home Sales

Related

Go deeper

Or go straight to it: we put our number next to yours on your own data in four weeks, and you subscribe only if ours is better.

Book a demo
Book a demo