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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:

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

The next BCI Results are due to be published on 29 March 2012.

Contacts :

Amadeu Altafaj Tardio (+32 2 295 26 58)

Vandna Kalia (+32 2 299 58 24)


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