BUZ INVESTORS Euro Area Business Confidence The Business Climate Indicator for the Euro Area rose sharply to 1.09 in April 2017 from an upwardly revised 0.83 in March and way above market expectations of a 0.82 reading. It was the strongest figure since April 2011, as managers’ assessments of the past production, overall order books, export order books and the stocks of finished products improved, while production expectations remained virtually unchanged.
Euro Area Business Confidence
Business Confidence in the Euro Area averaged 0 from 1985 until 2017, reaching an all time high of 1.53 in April of 2007 and a record low of -3.90 in March of 2009. 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.