The IJG Business Climate Monitor increased from 53.8 in July to 54.8 in August 2020 while the Leading Indicator remained unchanged at 66.7. 16 of the 31 indicators showed an improvement during August, but the value of 15 indicators deteriorated.
The IJG Business Climate Monitor (BCM) continued its upward trend in July and rose slightly to 53.8 from 53.6 a month earlier. The Leading Indicator showed a strong improvement compared to the previous month and increased to 66.7 – up from 63.0. 17 out of the 31 indicators moved upward in July while 14 moved […]
The IJG Business Climate Monitor (BCM) climbed a bit higher in June 2020 – to 54.3 up from 54.2 in May. The BCM is calculated on a 12-month average. The monthly value, in contrast, decreased to 51.6 compared to 61.3 in March and 54.8 in April and May. A recovering agricultural sector, improved mining output, […]
The IJG Business Climate Monitor (BCM) improved further to 53.5 points in March 2020 from 52.0 points a month earlier. The Leading Indicator, on the other hand, weakened to 56.8 points after gaining some ground in February – a sign of the COVID-19-related troubles to come. In another indication that COVID-19 was starting to have […]
The IJG Business Climate Monitor continued its upward movement in February 2020 and remained above the 50-point mark for the third consecutive month. The Leading Indicator showed a similarly strong performance by reversing the drop experienced in January and rose to 57.8 points. The improvement in both indicators was the result of increasing values for […]
The IJG Business Climate Monitor (BCM) climbed further into positive territory in January 2020 to 51.08 points after moving above the 50-point mark in December 2019 for the first time since October 2018.
In December 2019 the IJG Business Climate Monitor (BCM) climbed to 51.61 points – its highest level since September 2018. The BCM remained above the 50% mark for a second month in a row – a sign of much-needed positivity. However, the Leading Indicator, which predicts future trends, lost momentum and slipped back below 60 […]
The return of the Business Climate Monitor into positive territory was indicative of a slight improvement in the business climate in November 2019.
In October the IJG BCM remained in positive territory – suggesting there might be some form of silver lining for the business climate on the horizon. However, it has to be remembered that the economy is recovering from a low base.
The IJG Business Climate Monitor remained in negative territory in September 2019 although it came close to the 50-point mark that separates economic contraction from economic expansion. This is the longest period the IJG BCM has stayed in the contraction area since the Business Climate Monitor started in 2001.