Press Release: July 2012: Business Climate Indicator continues its decrease

Author (Corporate)
Series Title
Series Details IP/12/867 (30.7.12)
Publication Date 30/07/2012
Content Type

In July 2012, the Business Climate Indicator (BCI) for the euro area decreased by 0.32 points to ‑1.27. The decline was driven by deteriorations in all five components. The steepest decreases occurred in managers' assessment of past production and export order books. Production expectations and the assessment of overall order books and the adequacy of stocks of finished products also deteriorated.

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