Euro Area Business Climate Indicator  1985-2018 | Data | Chart | Calendar

The Eurozone's business climate indicator rose to 1.66 in December 2017 from 1.49 in the previous month, beating market expectations of 1.5. It was the highest reading since the series began in 1985, as managers' appraisals of overall order books, stocks of finished products and both past and future production improved. Meanwhile, managers' assessment of the export order books remained broadly unchanged. Business Confidence in the Euro Area averaged 0 from 1985 until 2017, reaching an all time high of 1.66 in December of 2017 and a record low of -3.83 in March of 2009.

Euro Area Business Climate Indicator
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Calendar GMT Actual Previous Consensus TEForecast
2017-10-30 10:00 AM Business Confidence 1.4 1.34 1.41 1.2
2017-11-29 10:00 AM Business Confidence 1.49 1.44 1.53 1.51
2018-01-08 10:00 AM Business Confidence 1.66 1.49 1.5 1.55
2018-01-30 10:00 AM Business Confidence 1.66 1.51 1.66
2018-02-27 10:00 AM Business Confidence 1.65
2018-03-27 09:00 AM Business Confidence 1.63


Euro Area Business Last Previous Highest Lowest Unit
Business Confidence 1.66 1.49 1.66 -3.83 Index Points [+]
Manufacturing PMI 60.60 60.10 60.60 33.50 [+]
Services PMI 56.60 56.20 58.30 39.20 Index Points [+]
Composite Pmi 58.10 57.50 58.10 45.70 Index Points [+]
Industrial Production 3.20 3.90 9.20 -21.60 percent [+]
Industrial Production Mom 1.00 0.40 2.50 -4.10 percent [+]
Manufacturing Production 4.20 4.60 10.10 -22.10 percent [+]
Capacity Utilization 83.80 83.20 85.30 69.60 percent [+]
Changes In Inventories 10.12 7.04 26.08 -26.54 EUR Billion [+]
Zew Economic Sentiment Index 29.00 30.90 89.90 -63.70 [+]
Car Registrations 952.52 906.19 1130.00 669.00 Thousand [+]
Mining Production -20.60 -4.90 42.30 -26.70 percent [+]


Euro Area Business Climate Indicator

In Euro Area, the Business Climate Indicator measures the current situation of the businesses and its future prospects. The survey is made by phone and covers 23 000 companies in the Euro Area. The questionnaire focuses on: production trends in recent months, order books, export order books, stocks and production expectations. The indicator is computed through the estimation of a factor-model and summarises the common information contained in the surveys. A rise in the indicator will point to an upswing in activity and an improvement in the business climate. 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 - actual data, historical chart and calendar of releases - was last updated on January of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1.66 1.49 1.66 -3.83 1985 - 2017 Index Points Monthly
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business confidence by Country
Country Last
Australia 6.00 Nov/17
Brazil 59.00 Jan/18
Canada 60.40 Dec/17
China 51.60 Dec/17
Euro Area 1.66 Dec/17
France 112.00 Dec/17
Germany 117.20 Dec/17
India 59.70 Dec/17
Indonesia 112.39 Sep/17
Italy 110.50 Dec/17
Japan 25.00 Dec/17
Mexico 49.60 Dec/17
Netherlands 8.90 Dec/17
Russia -5.00 Dec/17
South Korea 81.00 Dec/17
Spain 2.60 Dec/17
Switzerland 111.30 Dec/17
Turkey 103.30 Dec/17
United Kingdom -11.00 Dec/17
United States 59.70 Dec/17


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