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![]() European Commission Press release Brussels, 28 June 2012 June 2012: Business Climate Indicator continues to decrease in June Brussels, 28 June 2012 - In June 2012, the Business Climate Indicator (BCI) for the euro area decreased by 0.15 points to 0.94. The decline was mainly driven by a more negative assessment of production expectations, past production, overall order books and export order books. Managers' assessment of their stocks of finished products remained broadly unchanged. ![]() 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). ![]() 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).
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