Business Climate
Business climate indicator, released by European Comission, is based on monthly surveys and is designed to deliver a clear and timely assessment of the cyclical situation within the euro area. It may be interpreted as a survey result: a high level indicates that, overall, the surveys point to a healthy cyclical situation. Conversely, a low level points to an adverse business climate. A rise (a fall) in the indicator will point to an upswing in activity and an improvement (deterioration) in the business climate. Its movement is clearly linked to the industrial production of the euro area.
Next Event -
The typical/expected impact on EUR pairs is Medium.
Lower numbers than forecast tend to be bullish for xxx/EUR pairs and bearish for EUR/xxx pairs.
Most Recent -
Higher numbers than forecast tend to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.
Past Events
| Date | Time | Actual | Consensus |
|---|---|---|---|
| 27 November 2025 | 10:00 | -0.66 | - |
| 30 October 2025 | 10:00 | -0.46 | - |
| 29 September 2025 | 09:00 | -0.76 | - |
| 28 August 2025 | 09:00 | -0.72 | - |
| 30 July 2025 | 09:00 | -0.72 | - |
| 27 June 2025 | 09:00 | -0.78 | - |
| 27 May 2025 | 09:00 | -0.55 | - |
| 29 April 2025 | 09:00 | -0.67 | - |
| 28 March 2025 | 10:00 | -0.73 | - |
| 27 February 2025 | 10:00 | -0.74 | - |
| 30 January 2025 | 10:00 | -0.94 | - |
| 08 January 2025 | 10:00 | -0.91 | - |
| 28 November 2024 | 10:00 | -0.77 | - |
| 30 October 2024 | 10:00 | -0.96 | - |
| 27 September 2024 | 09:00 | -0.76 | - |
| 29 August 2024 | 09:00 | -0.62 | - |
| 30 July 2024 | 09:00 | -0.61 | - |
| 27 June 2024 | 09:00 | -0.46 | - |
| 30 May 2024 | 09:00 | -0.39 | - |
| 29 April 2024 | 09:00 | -0.53 | - |