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May 24 2024
European Foundry Industry Sentiment, April 2024: After a remarkable development in Spring, FISI takes a breath and now stands at 95.1 index points.
In April 2024, the European Foundry Industry Sentiment Indicator (FISI) experienced a decrease to 95.1 index points. After three consecutive increases for the FISI, the index Meanwhile the Business Climate Indicator (BCI) decreased noticeable and now stands at — 0.53 index points. This marks the tenth consecutive month that the BCI has lingered below the The FISI – European Foundry Industry Sentiment Indicator – is the earliest available composite indicator providing information on the European foundry industry performance. It is published by CAEF the European Foundry Association every month and is based on survey responses of the European foundry industry. The CAEF members are asked to give their assessment of the current business situation in the foundry sector and their expectations for the next six months. The BCI – Business Climate Indicator – is an indicator published by the European Commission. The BCI evaluates development conditions of the manufacturing sector in the euro area every month and uses five balances of opinion from industry survey: production trends, order books, export order books, stocks and production expectations.
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