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Business Climate Indicator declined in April

European Commission - IP/13/383   29/04/2013

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European Commission

Press release

Brussels, 29 April 2013

Business Climate Indicator declined in April

In April 2013, the Business Climate Indicator (BCI) for the euro area decreased by 0.18 points to 0.93. While the assessment of the stocks of finished products remained broadly stable, all other components deteriorated (current order books (overall and export), past production, production expectations). The assessments of past production and overall current order books witnessed particularly sharp declines.

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 30 May 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

May 2013

23 May 2013

30 May 2013

June 2013

20 June 2013

27 June 2013

July 2013

23 July 2013

30 July 2013

Contacts :

Audrey Augier (+32 2 297 16 07)

Vandna Kalia (+32 2 299 58 24)

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


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