European Commission - Press release
February 2012: Business Climate Indicator increased marginally in February
Brussels, 28 February 2012 - Brussels, 28 February 2012 - In February 2012, the Business Climate Indicator (BCI) for the euro area increased marginally. The improvement was mainly driven by a more positive assessment of production expectations, order books and stocks of finished products. By contrast, export order book and past production were assessed more negatively.
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).
Full details of the Business Climate Indicator are available on the Europa website:
The next BCI Results are due to be published on 29 March 2012.