In March 2025, the industry confidence indicator in the Euro Area registered a slight improvement, reaching -10.6 compared to February's -11, and close to the anticipated -10.5. This figure reflects that managers' evaluations of the current status of order books and stocks of finished products remained largely unchanged. However, there was an improvement in their expectations for future production. On the other hand, managers' perceptions of previous production trends and export order books showed little variation.