The business climate indicator in the Euro Area picked up to 0.69 in January 2023 from a revised 0.57 in the previous month. It was the highest reading in three months. source: European Commission

Business Confidence in Euro Area averaged 0.00 points from 1985 until 2023, reaching an all time high of 1.83 points in February of 2022 and a record low of -3.26 points in March of 2009. This page provides the latest reported value for - Euro Area Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Business Climate Indicator - data, historical chart, forecasts and calendar of releases - was last updated on February of 2023.

Business Confidence in Euro Area is expected to be 0.40 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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Euro Area Business Climate Indicator



Calendar GMT Actual Previous Consensus TEForecast
2020-04-29 09:25 AM Apr -1.81 -0.28 -1.24
2020-05-28 09:00 AM May -2.43 -1.99 -3


Related Last Previous Unit Reference
Business Confidence 0.69 0.57 points Jan 2023
Capacity Utilization 81.40 82.40 percent Dec 2022
Services Sentiment 10.70 7.70 points Jan 2023
Industrial Sentiment 1.30 -0.60 points Jan 2023

Euro Area Business Climate Indicator
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
0.69 0.57 1.83 -3.26 1985 - 2023 points Monthly
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