Publication

Date.

14 Jul 2020

Author.

Klaus Schade

Series.

BCM

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IJG Business Climate Monitor May 2020

Indicators remain firm despite pandemic

The IJG Business Climate Monitor (BCM) rose to 54.17 in May as a number of indicators showed upticks despite the effects of the COVID-19 pandemic. The way the BCM is compiled – it is the average of monthly indices over the previous twelve-month period – tends to obscure month-to-month drops in the BCM. On a monthly basis the BCM lost over six points between March and April.