Business Confidence In the Euro Area decreased to -0.91 points in December from -0.78 points in November of 2024. Business Confidence in Euro Area averaged -0.01 points from 1985 until 2024, reaching an all time high of 1.85 points in February of 2022 and a record low of -3.31 points in March of 2009. source: European Commission
Business Confidence in Euro Area is expected to be -1.20 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations.
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.
|
Actual |
Previous |
Highest |
Lowest |
Dates |
Unit |
Frequency |
|
|
-0.91 |
-0.78 |
1.85 |
-3.31 |
1985 - 2024 |
points |
Monthly |
SA
|