Euro Area Business Confidence

Business Confidence In the Euro Area increased to 0.39 in March of 2014 from 0.36 in February of 2014. Business Confidence In the Euro Area is reported by the European Commission. Business Confidence in the Euro Area averaged 0 from 1985 until 2014, reaching an all time high of 1.50 in April of 2007 and a record low of -3.77 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 - Euro Area Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-25

Actual Previous Highest Lowest Forecast Dates Unit Frequency
0.39 0.36 1.50 -3.77 0.45 | 2014/04 1985 - 2014 Monthly

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Euro Area Business Confidence
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2014-01-09 10:00 AM Euro Area
Business Confidence
Dec 2013 0.3 0.3 (R) 0.2 0.27
2014-01-30 10:00 AM Euro Area
Business Confidence
Jan 2014 0.19 0.2 (R) 0.24 0.42
2014-02-27 10:00 AM Euro Area
Business Confidence
Feb 2014 0.37 0.25 (R) 0.19 0.51
2014-03-28 10:00 AM Euro Area
Business Confidence
Mar 2014 0.39 0.36 (R) 0.4 0.32
2014-04-29 10:00 AM Euro Area
Business Confidence
Apr 2014 0.39 0.42 0.45
2014-05-28 10:00 AM Euro Area
Business Confidence
May 2014 0.5
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Business Last Previous Highest Lowest Forecast Unit
Capacity Utilization 80.00 2014-02-15 78.40 85.30 69.60 78.09 2014-05-31 Percent [+]
Business Confidence 0.39 2014-03-15 0.36 1.50 -3.77 0.45 2014-04-30 [+]
Industrial Production 1.70 2014-02-28 1.60 9.80 -21.40 2.64 2014-03-31 Percent [+]
Car Registrations 729.00 2014-03-15 735.00 1130.00 665.00 725.08 2014-04-30 Thousand [+]
Changes In Inventories -6.68 2013-11-15 2.26 21.64 -20.94 -1.69 2014-03-31 EUR [+]
Industrial Production Mom 0.20 2014-02-15 0.00 2.30 -4.20 -0.09 2014-03-31 Percent [+]
Manufacturing PMI 53.30 2014-04-15 53.00 59.00 33.50 53.56 2014-05-31 [+]
Manufacturing Production 3.60 2014-02-28 2.90 10.20 -22.40 3.79 2014-03-31 Percent [+]
Sentix Investors Sentiment 14.08 2014-04-15 13.92 42.02 -42.67 16.11 2014-05-31 [+]
Services PMI 53.10 2014-04-30 52.20 58.30 39.20 54.27 2014-05-31 Index Points [+]
Zew Economic Sentiment Index 61.20 2014-04-15 61.50 89.90 -63.70 60.99 2014-05-31 [+]
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Business Confidence | Notes
The Business Confidence Index is an indicator designed to measure the degree of optimism on the state of the economy that business owners are expressing through their activities of investing and spending. Decreasing business confidence often implies slowing economic growth because business owners are likely to decrease their investment. The idea is that the more confident business owners and managers feel about the economy, their companies, their jobs and incomes, the more likely they are to make investments and purchases.


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Euro Area recorded a € 900 million trade surplus in January of 2014, compared with a € 13.8 billion surplus a month earlier, as imports surged 8.6 percent. January's reading is above the € 5.4 billion deficit recorded in the same month last year.
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Euro Area annual inflation came back to a 4-year low of 0.7 percent in February of 2014, revised downwards from a preliminary 0.8 percent. On a monthly basis, prices increased 0.3 percent.
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