BER Research Note

Date: 2010 - March
Document Type: BER Research Note
Description: The Research notes are intended to inform readers on critical issues in the macro-economic environment, which may impact on their business
Title: no1...Business confidence increased sharply...
The RMB/BER business confidence index (BCI) improved by 15 index points – from 28 during 2009Q4 to 43 in 2010Q1. This is the single largest quarterly increase since 1994Q4, albeit from a much lower base. The largest improvement was registered in the new vehicle sales sector where confidence improved by 31 points.
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