Brussels, 27 February 2014
Business Climate Indicator increased slightly in February
In February 2014 the Business Climate Indicator (BCI) for the euro area increased slightly by 0.12 points to +0.37. Managers' appraisal of the past production, the stocks of finished products as well as the current level of overall order books and export order books marked an improvement; production expectations were virtually 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 next BCI results are due to be published on 28 March 2014.
Full details of the Business Climate Indicator are available on the Europa website:
Scheduled publication dates