Business upbeat on next 12 months | Cai U. Ordinario

HIGHER consumer demand for various products and services as well as the reopening of the economy made businesses in the country optimistic about the next 12 months, according to the Bangko Sentral ng Pilipinas .

“Business firms expressed stronger confidence in the economy for Q1 2023, Q2 2023 and the next 12 months as the overall confidence indices [CIs] during these periods significantly increased from the previous quarter’s survey result,” the BSP said. In terms of inflation expectations, businesses said they expect inflation to breach the upper end of the national government’s 2 to 4 percent target for 2023 and 2024.

“The CIs [Confidence Indices] of all sectors [i.e., industry, construction, services and wholesale and retail trade sectors] increased in the first quarter 2023, suggesting a more optimistic business outlook for the current quarter,” BSP added.

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

This unique 'playground' teaches kids how to start a businessThis unique 'playground' introduces young Filipinos to entrepreneurship through experimental activities. Look HERE:
مصدر: gmanetwork - 🏆 12. / 63 اقرأ أكثر »

How to grow your bean-to-bar business, according to Auro Chocolate’s Mark OcampoWalk through the production process step by step to deliver as much value to your customers as you do to stakeholders
مصدر: inquirerdotnet - 🏆 3. / 86 اقرأ أكثر »