Business confidence improving

Business confidence improving: BDO

  • The Optimism Index increased by 1.7 points this month following its 21-year low reading in January. The Index increased to 90.6 in February from a reading of 88.9 in January – the biggest increase in the index for five months.
  • Despite this increase, businesses still do not anticipate growth in the next two quarters
  • The Inflation Index increased from 100.4 in January to 101.5 in February, its highest level since September 2012.
  • The Output Index saw a decrease from 92.3 last month to 92.1 this month

 

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