Press Release: August 2011: Business Climate Indicator down further in the euro area

Author (Corporate)
Series Title
Series Details IP/11/995 (30.8.11)
Publication Date 30/08/2011
Content Type

The Business Climate Indicator (BCI) for the euro area fell for the sixth month in a row in August 2011. The current level of the indicator remains positive, but the steady fall observed since March suggests that euro-area industry has entered a phase of growth moderation.

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