Overview
Discussions Key data points
Last release
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Observation period
Sep 2024
Next release
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Forecast
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Highest
1.84 POINT on Feb 28, 2022
Lowest
−3.30 POINT on Mar 31, 2009
About Euro Area Business Confidence Index
The Business Climate Indicator (BCI) is calculated in order to receive a timely composite indicator for the manufacturing sector in the euro area. The indicator uses, as input series, five balances of opinion from the industry survey: production trends in recent months, order books, export order books, stocks and production expectations. The BCI therefore deviates from the industrial confidence indicator, which is based on only three input series. The survey is made by phone and covers 23,000 companies in the Euro Area.