European Economy Supplement B No 12 December 1991 Economic prospects business and consumer survey results

of the future economic situation. Decisions to reduce investment predominantly relate to the equipment and consumer goods industries. • With developments varying in

The consumer confidence indicator is the arithmetic average of the an~wers (balances) to the four questions on the financial situation of households dn<l general

The consumer confidence indicator i~ the arithmetic average of the ans\vers (balance~) to the four questions on the financial situation of household~ and general

our business trend over the next six months, excluding purely seasonal variations, will The consumer confidence indicator is the arithmetic average of the answers

~ur business trend over the next six months, excluding purely seasonal variations, will The consumer confidence indicator is the arithmetic average of the answers

• Although trends in the individual countries vary, the Community's leading economic indicator is slightly down in June.. In Belgium, the Net- herlands, France and

- Industrial business confidence, a leading indicator of industrial production, ·weakened noticeably between December and January: The industrial climate indicator for the

Consumer confidence component of EU's leading economic indicator unchanged in July on a month earlier.. Consumer confidence stabilized in July and