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Economic Calendar Terms

Business climate

(Institut nationalde la statistique
et des ├ętudes ├ęconomiques)
18, Boulevard Adolphe Pinard
75675 - Paris cedex 14

The composite business climate index gauges business cycle sentiment by combining the following seven components: stocks, past production levels, total and foreign order book levels, personal price and production outlooks and views on general production. The indicator is constructed so as to have an average of 100 and a standard deviation of 10.