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European Commission

Press release

Brussels, 27 June 2014

Business Climate Indicator decreases in June

In June 2014 the Business Climate Indicator (BCI) for the euro area decreased by 0.14 points to +0.22. Managers' evaluation of all five components of the BCI deteriorated. Caution increased in particular with regard to the level of past production, production expectations and overall order books. Export order books and the stocks of finished products were assessed only slightly 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 30 July 2014.

Full details of the Business Climate Indicator are available on the Europa website:

Scheduled publication dates

Flash estimate

Final release EU, euro area and Member States

July 2014

23 July 2014

30 July 2014

August 2014

21 August 2014

28 August 2014

September 2014

22 September 2014

29 September 2014

Contacts :

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

Vandna Kalia (+32 2 299 58 24)

Audrey Augier (+32 2 297 16 07)

For the public: Europe Direct by phone 00 800 6 7 8 9 10 11 or by e­mail

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