Brussels, 30 January 2014
Business Climate Indicator virtually unchanged in January
In January 2014 the Business Climate Indicator (BCI) for the euro area remained virtually unchanged at +0.19. Managers' production expectations, their appraisal of the past production and their assessment of the level of both overall and export order books remained broadly unchanged. The level of the stocks of finished products was assessed 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 27 February 2014.
Full details of the Business Climate Indicator are available on the Europa website:
Scheduled publication dates