Leading indicators identified with Indicio
Forecasted variable: Caustic soda stocks (tonnes), Europe
| Indicator | Relevance |
|---|---|
| Eurostat, EU, Imports, Imports From Extra EU27 ex GB - Energy, Euro | ★★★★ |
| Industry Survey, Chemicals and Chemical Products, Order Books, EU, Balance, SA | ★★★ |
| MFG - INDUSTRIAL CONFIDENCE INDICATOR | ★★ |
| United States, Business Surveys, Philadelphia Federal, Future Capital Expenditures, SA, Index | ★ |
| Retail Trade Survey, Sale of Motor Vehicles EU | ★ |
| Europe Brent Spot Price Free on Board (Dollars Per Barrel) Daily | ★ |
| Crude Oil Brent price | ★ |
| Petroleum Stocks Oecd Europe Million Barrels / Day | ★ |
| China container exports | ★ |
| MSCI Europe Paper and Forestry Products USD | ★ |
| Cleaning equipment - EU, Harmonised Index of Consumer Prices | ★ |
| Shanghai (Export) Containerized Freight Composite Index (Scfi) | ★ |
| World, World Price, Gas, Europe, USD | ★ |
| INDUSTRIAL PRODUCTION - EU | ★ |
| Chlorine production | ★ |
| Euro area - Manufacturing PMI | ★ |
| Business tendency surveys (retail trade): Confidence indicators: Composite indicators: National indicator for the Euro Area | ★ |
| Industrial survey total manufacturing EU | ★ |
| GDP EU 27 | ★ |
| EU, Industry Survey, Total Manufacturing, Stocks of Finished Products | ★ |
Indicio captures the group effect of the leading indicators; the relevance ranking of each indicator changes over time.
Indicio captures the group effect of the leading indicators. The relevance ranking of each indicator changes over time.
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Industry Survey, Chemicals and Chemical Products, Order Books, EU, Balance, SA
This variable tracks order book conditions in the EU chemicals industry. A healthy positive balance suggests strong chemical industry demand, which directly affects demand for caustic soda.
Eurostat, EU, Imports, Imports From Extra EU27 ex GB - Energy, Euro
This variable tracks the value of energy imports into the EU from non-EU countries, excluding Great Britain. Energy is a major production cost for chemicals including caustic soda, so higher import costs can raise production costs and affect supply and pricing.
MFG - INDUSTRIAL CONFIDENCE INDICATOR
Building permits are a leading indicator of future construction activity; a high number of permits usually means more future home availability. [Source page text does not match this indicator's name.]
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