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Brussels, 29 September 2014
Business Climate Indicator decreases slightly in September
In September 2014 the Business Climate Indicator (BCI) for the euro area decreased slightly by 0.09 points to +0.07. Managers' evaluation of the level of past production, export order books and, to a lesser extent, the stocks of finished products, as well as overall order books deteriorated. By contrast, production expectations brightened somewhat.
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 October 2014.
Full details of the Business Climate Indicator are available on the Europa website:
Scheduled publication dates