8 January 2001, 14:21 Euro zone Dec business climate indicator 1.24 vs 1.21 in Nov, 0.69 yr-earlier
BRUSSELS (AFX) - The Euro zone's business climate indicator rose in
December to 1.24 from 1.21 in November, and from 0.69 a year earlier,
the European Commission said.
This is among the highest values since winter 1995, it said.
It is consistent with a quite high growth rate in industrial
production, still hovering at an annual rate of around 5 pct, well
above its 1986-2000 average, it said.
It added the high level of the indicator points to "still very good
spirits" in Euro zone industrial companies.
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