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Europe Daily Bulletin No. 8517

2 August 2003
Contents Publication in full By article 24 / 30
GENERAL NEWS / (eu) eu/economy
July business climate indicator for euro area deteriorates but slight improvement in June

Brussels, 01/08/2003 (Agence Europe) - The European Commission announced on Thursday that the Business Climate Indicator (BCI) for the euro area decreased by 0.19 percentage points between June and July, falling from a value of - 0.70 to -0.89 in July.. This decrease was driven by negative developments and responses of managers in industry to the questions regarding production trends in the recent past, production expectations, total order books, export order books and stocks of finished...

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