Publication

Date.

15 Sep 2019

Author.

Klaus Schade

Series.

BCM

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IJG Business Climate Monitor July 2019

Not out of the woods yet

Upward movements on both the main BCM index and the leading indicator (which seeks to pick up future trends) continued to suggest that better economic times lie ahead. Despite this, the Business Climate Monitor still indicated that the economy is contracting rather than expanding. There are some signs that the economy is consolidating although it is clearly not out of the woods yet.