Economic sentiment in EU-27 Investment in environmental protection in EU-27 Industrial production prices in Europe Trade balance Japan Pressures on global supply chains Industrial sector in China

1. Business…
at a glance
July 2023
Investment in environmental protection in EU-27 (Eurostat)
2022
68,656.7
million €
Industrial production prices in Europe (Eurostat)
Q1 23
quarterly
-2.4%
y-o-y
+9.6%
Eurozone
% change
2.5%
s/ total EU
investment
+9.8%
y-o-y
Million €
% of total investment
By type of protection/management service
Economic sentiment in EU-27 (Eurostat)
Jun. 23
points
94 117.8
94.0
50
60
70
80
90
100
110
120
Feb-20
Jun-20
Oct-20
Feb-21
Jun-21
Oct-21
Feb-22
Jun-22
Oct-22
Feb-23
Jun-23
Points
Economic sentiment
-23.8
points r/ max
Oct. 21
Confidence indicator
-2.4
9.6
-5
5
15
25
35
Q1
20
Q2
20
Q3
20
Q4
20
Q1
21
Q2
21
Q3
21
Q4
21
Q1
22
Q2
22
Q3
22
Q4
22
Q1
23
Quarterly
y-o-y
% y-o-y change
Major Eurozone economies
Q1 20 – Q4 22 Q1 23
55,392.2
68,656.7
62.8 62.7
62.0
63.2
64.6
60
61
62
63
64
65
66
67
68
69
70
0
10000
20000
30000
40000
50000
60000
70000
80000
2018 2019 2020 2021 2022
Total
% business (right axis)
44.0
25.7
10.5
6.0
7.8
4.4
1.6
Wastewater
Waste
Air and climate
Soil, groundwater/surface
water
Radiation, environmental
R&D, other
Biodiversity and landscapes
Noise and vibration
Jan.20 – Jun.23

2. Business… at a glance. a publication of the “Círculo de Empresarios” produced by its Department of Economy. contains information and opinion from reliable sources. However. the “Círculo de
Empresarios” does not guarantee its accuracy and does not take responsibility for any errors or omissions. This document is merely informative. As a result. the “Círculo de Empresarios” is not responsible
for any uses that may be made of the publication. The opinions and estimates of the Department can be modified without prior warning.
Trade balance Japan (Ministry of Finance of Japan)
Jun. 23
Exports
% y-o-y change
Top 10 export destinations
8,744,058
million ¥
+1.5%
y-o-y
Imports
8,701,010
million ¥
-12.9%
y-o-y
% of total exports
130
135
140
145
150
155
160
165
170
Q1
20
Q2
20
Q3
20
Q4
20
Q1
21
Q2
21
Q3
21
Q4
21
Q1
22
Q2
22
Q3
22
Q4
22
Q1
23
50.9
50.2
49.0
47
50
53
Jun-21
Aug-21
Oct-21
Dec-21
Feb-22
Apr-22
Jun-22
Aug-22
Oct-22
Dec-22
Feb-23
Apr-23
Jun-23
Industrial sector in China (Investing)
Jun. 23
y-o-y
+4.4%
Pressures on global supply chains (NY Fed Reserve)
Jun. 23
-1.2%
Index
Production
Index
% y-o-y change
Manufacturing
PMI
Industrial production index Expectations - Manufacturing PMI
points
49
> 50 = expansion of activity; < 50 = contraction of activity
8.3
3.9
4.4
Jun-21 Jun-22 Jun-23
-2
-1
0
1
2
3
4
5
Jun-07
Jun-08
Jun-09
Jun-10
Jun-11
Jun-12
Jun-13
Jun-14
Jun-15
Jun-16
Jun-17
Jun-18
Jun-19
Jun-20
Jun-21
Jun-22
Jun-23
Return to the lows of the financial crisis
Standard deviation r/historical average
Global export
volume (WTO)
+14.7
pp r/ Q1 20
Q1 2005 = 100 (WTO)
Global supply chain pressure index Global export volume
-20
-10
0
10
20
30
40
50
60
Jul-22
Aug-22
Sep-22
Oct-22
Nov-22
Dec-22
Jan-23
Feb-23
Mar-23
Apr-23
May-23
Jun-23
Exports
Imports