The RMB/BER Business Confidence Index (BCI) fell by 8 points to 39 in the second quarter of 2026,reversing the gains recorded over the previous two quarters and leaving the index just below its long-term average of 40. While the recovery in business sentiment has lost momentum, importantly, confidence remains well above the recent low of 27 reached in 2023Q2.
Read MoreThe RMB/BER Business Confidence Index (BCI) fell by 8 points to 39 in the second quarter of 2026,reversing the gains recorded over the previous two quarters and leaving the index just below its long-term average of 40. While the recovery in business sentiment has lost momentum, importantly, confidence remains well above the recent low of 27 reached in 2023Q2.
Read MoreThe RMB/BER Business Confidence Index (BCI) fell by 8 points to 39 in the second quarter of 2026,reversing the gains recorded over the previous two quarters and leaving the index just below its long-term average of 40. While the recovery in business sentiment has lost momentum, importantly, confidence remains well above the recent low of 27 reached in 2023Q2.
Read MoreThe RMB/BER Business Confidence Index (BCI) rose by a further 3 points to 47 in the first quarter of 2026, building on the improvement in the fourth quarter of 2025. The BCI now stands six points above its long-term average and a solid 20 points above the post-COVID low reached in 2023Q2.
Read MoreThe RMB/BER Business Confidence Index (BCI) rose by a further 3 points to 47 in the first quarter of 2026, building on the improvement in the fourth quarter of 2025. The BCI now stands six points above its long-term average and a solid 20 points above the post-COVID low reached in 2023Q2.
Read MoreFollowing two consecutive declines, the RMB/BER Business Confidence Index (BCI) rose by five points to 44 in the fourth quarter of 2025. That puts confidence three points above its long-term average and means that 44% of respondents are satisfied with prevailing business conditions.
Read MoreFollowing two consecutive declines, the RMB/BER Business Confidence Index (BCI) rose by five points to 44 in the fourth quarter of 2025. That puts confidence three points above its long-term average and means that 44% of respondents are satisfied with prevailing business conditions.
Read MoreThe RMB/BER Business Confidence Index (BCI) slipped further by one point to 39 following a five-point decline in the second quarter of 2025. This is three points below the long-term average level of 42, and implies that just over 60% of respondents are dissatisfied with prevailing business conditions. The underlying results point to an economy that is muddling through, with many activity and demand indicators in line with 20-year average levels.
Read MoreThe RMB/BER Business Confidence Index (BCI) slipped further by one point to 39 following a five-point decline in the second quarter of 2025. This is three points below the long-term average level of 42, and implies that just over 60% of respondents are dissatisfied with prevailing business conditions. The underlying results point to an economy that is muddling through, with many activity and demand indicators in line with 20-year average levels.
Read MoreThe RMB/BER Business Confidence index (BCI) declined by five points to 40 in the second quarter of 2025, after the recovery that started in the first half of 2024 stalled in the first quarter. This implies that only four out of ten business respondents in the most cyclically sensitive sectors of the economy were satisfied with prevailing business conditions.
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