30 Oct Euro Area Business Climate Indicator
Business Confidence In the Euro Area increased to -0.19 Index Points in October from -0.23 Index Points in September of 2019. Business Confidence in the Euro Area averaged 0 Index Points from 1985 until 2019, reaching an all time high of 1.63 Index Points in January of 2018 and a record low of -3.31 Index Points in March of 2009. in the 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.