Euro Area Business Climate Indicator rose in August 2013 for fourth successive month

30-8-2013 — /EuropaWire/ — In August 2013, the Business Climate Indicator (BCI) for the euro area rose for the fourth successive month. It increased markedly by 0.31 points to ‑0.21. The assessment of past production, the level of overall order books and production expectations improved sharply. Also the level of export order books and the stocks of finished products were appraised more positively.

Euro Area Business Climate Indicator rose in August 2013 for fourth successive month

The BCI is based on a factor analysis of the euro area aggregate balances (seasonally adjusted) of five of the monthly questions in the industry survey (only employment and selling-price expectations are excluded).

Business climate indicator, euro area

The next BCI results are due to be published on 27 September 2013.

Full details of the Business Climate Indicator are available on the Europa website:

http://ec.europa.eu/economy_finance/db_indicators/surveys/index_en.htm

Scheduled publication dates

Flash estimate Final release EU, euro area and Member States
September 2013 20 September 2013 27 September 2013
October 2013 23 October 2013 30 October 2013
November 2013 21 November 2013 28 November 2013

 

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