Economic sentiment remains in positive territory – survey

In its latest edition, business magazine LMD reports that “the sense of optimism sparked by the presidential election in September outcome remains.”

“Confidence in corporate circles remains largely unchanged following the presidential election, signalling a modest shift in economic sentiment under the caretaker government at the time of the latest monthly LMD-PEPPERCUBE Business Confidence Index (BCI) survey,” it adds.

In the first week of November, when the unique poll was conducted, 41% of survey participants expressed optimism about the economy ‘improving’ over the next 12 months, maintaining the same level as in October, LMD notes.

It continues: “Meanwhile, over half the respondents (56%) believe the economy will ‘stay the same,’ marking a 6% uptick. On the other hand, 3% expect the economy to ‘get worse,’ which is a decrease of six percentage points from the preceding month.”

Economic sentiment remains in positive territory – survey

In its latest edition, business magazine LMD reports that “the sense of optimism sparked by the presidential election in September outcome remains.”

“Confidence in corporate circles remains largely unchanged following the presidential election, signalling a modest shift in economic sentiment under the caretaker government at the time of the latest monthly LMD-PEPPERCUBE Business Confidence Index (BCI) survey,” it adds.

In the first week of November, when the unique poll was conducted, 41% of survey participants expressed optimism about the economy ‘improving’ over the next 12 months, maintaining the same level as in October, LMD notes.

It continues: “Meanwhile, over half the respondents (56%) believe the economy will ‘stay the same,’ marking a 6% uptick. On the other hand, 3% expect the economy to ‘get worse,’ which is a decrease of six percentage points from the preceding month.”

 

Spread the love

Leave A Comment