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European Commission

Press release

Brussels, 30 October 2013

Business Climate Indicator increases in October

In October 2013, the Business Climate Indicator (BCI) for the euro area continued the upward trend that started in May 2013. It increased by 0.18 points to 0.01, close to its historic long-term average. The assessments of past production, the level of overall order books and production expectations improved markedly. Also the level of export order books and the stocks of finished products were appraised more positively.

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 next BCI results are due to be published on 28 November 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

November 2013

21 November 2013

28 November 2013

December 2013

20 December 2013

9 January 2014

January 2014

23 January 2014

30 January 2014

 

Contacts :

Simon O'Connor (+32 2 296 73 59)

Audrey Augier (+32 2 297 16 07)

Vandna Kalia (+32 2 299 58 24)


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