Press Release: July 2011: Business Climate Indicator continues to decline in the euro area

Author (Corporate)
Series Title
Series Details IP/11/935 (28.7.11)
Publication Date 28/07/2011
Content Type

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

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