Document Description

BER Comment

Date:	2012 - March
Document Type:	BER Comment
Description:	A brief note – distributed via email and released on our website – intended as a more regular interface with our clients, the emphasis being to provide our interpretations of important economic events

Title:	BER Business Survey results see confidence...

The aim of this note is to summarize some specific insights and cross-cutting trends observed in the current round of BER surveys as a first indication of developments in the real economy during 2012Q1. Business confidence rose sharply but the confidence gain may reflect some catching up after the improvements in business conditions recorded during 2011Q4 – when confidence remained surprisingly low – given that limited further improvements in underlying activity indicators were reported in the current quarter. From a GDP growth perspective, the survey results do not necessarily point towards further acceleration from the 3.2% q-o-q (annualized) as recorded for 2011Q4.

Size:

428KB

Download:

Please note: Only registered BER MACRO clients / subscribers can download this document. You need to login in order to download this document. Go to our HOME page to login. Should you experience any difficulty to log in, please contact Celeste Booysen (tel: 021 - 887 2810).