Brussels, 28 March 2014
Business Climate Indicator broadly unchanged in March
In March 2014 the Business Climate Indicator (BCI) for the euro area remained broadly unchanged (at +0.39). Managers' production expectations and their appraisal of past production improved, while the level of overall and export order books, as well as the stocks of finished products, were viewed more negatively.
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 29 April 2014.
Full details of the Business Climate Indicator are available on the Europa website:
Scheduled publication dates