Business confidence recovered from 20-year lows in the fourth quarter 2019, the first improvement in two years.
This is according to the latest RMB/BER Business Confidence Index for the fourth quarter, released on Wednesday.The BCI surveys 1,800 respondents across five sectors, namely manufacturers, building contractors, retailers, wholesalers and new vehicles dealers. It measures respondents’ views on prevailing business conditions as a proxy for business confidence.
Improvements in confidence came from three of the five sectors — the building, manufacturing and retail trade. But levels of confidence declined in new motor trade, while staying unchanged in the wholesale trade sector.
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Rand gains ahead of business confidence dataGlobal market sentiment continues to be driven by news about the ongoing US-China trade talks
Source: BDliveSA - 🏆 12. / 63 Read more »
Woolworths carves out market share in SA as food and fashion sales jumpFood sales in the retailer's 20 weeks to end November 11 jumped 8.8%, while its fashion and home business also gained market share And yet share price keeps declining WOOLWORTHS_SA
Source: BDliveSA - 🏆 12. / 63 Read more »
Pepkor cuts dividend after Building Company writedownThe group trimmed its dividend 24.8% to 20.9c in its year to end-September, after a R1.2bn writedown of its Building Company
Source: BDliveSA - 🏆 12. / 63 Read more »