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IJG Business Climate Monitor June 2019

The IJG Business Climate Monitor deteriorated in June 2019 following promising upward movements in previous months. Overall, the IJG BCM indicates that the economy is still struggling to move out of negative territory despite some signs of future relief.

IJG Business Climate Monitor March 2019

The continued expansion of the Leading Indicator backed up by an improvement in the IJG BCM main index indicated that confidence in the economy is returning. However, the downward movement of the majority of indicators suggests that any recovery will be fragile and setbacks in the near future cannot be ruled out

IJG Business Climate Monitor February 2019

The IJG Business Climate Monitor continued its trend from the previous month with the leading indicator pointing to better economic times to come while current indicators showed a business climate that was still in trouble

IJG Business Climate Monitor January 2019

The IJG Business Climate Monitor (BCM) started the year with mixed signals – the leading indicator, which is based on the economy’s future prospects, moved above the 50 point line for the first time since September 2016. However, the current rockiness in the economy was reflected in the BCM’s main index which continued it long […]

IJG Business Climate Monitor December 2018

Overall, the picture remains one of decline. The IJG BCM dropped from 48.92 in November to 48.52 in December, indicating that economic conditions are not yet improving. In contrast, the leading indicator recovered from a slight dip in November to increase to 48.44 in December – hinting that a slow recovery is still in the offing.

IJG Business Climate Monitor June 2018

The IJG Business Climate Monitor improved slightly in June on the back of increased building plans and vehicle sales and a rise in credit extension to the private sector. However, the leading indicator, which predicts future trends, remained below the 50 point mark – meaning contractions in the economy are still expected.