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Monitoring businesses: estimates of business climate go down

18 August 2023
News

In August, the Business Climate Index dropped to 5.2 points, while staying near its eight-year highs. For the second month in a row, enterprises’ current estimates were declining most notably in the manufacturing sector. Companies’ short-term expectations about output and demand remained optimistic.

Businesses’ price expectations were rising for the second consecutive month, exceeding 2021–2022 averages.

More details are available in the August issue of the information and analytical commentary Monitoring of Businesses: Assessments, Expectations and Comments.

Preview photo: industryviews / Shutterstock / Fotodom