RMB/BER Business Confidence Index
RMB/BER Business Confidence Index (History Data), 2021
Last updated: Jun 15 2021 10:34AM
After declining by five points in the first quarter, the RMB/BER BCI jumped by 15 to 50 in the second quarter. Confidence rebounded especially sharply in the manufacturing, retail trade and motor trade sectors. By contrast, sentiment among building
read moreAfter declining by five points in the first quarter, the RMB/BER BCI jumped by 15 to 50 in the second quarter. Confidence rebounded especially sharply in the manufacturing, retail trade and motor trade sectors. By contrast, sentiment among building contractors and the wholesale trade sector improved only marginally. While the improvement in sentiment is no doubt encouraging, uncertainties remain.
RMB/BER Business Confidence Index (Sectoral, Provincial and Composites), 2021Q2 (PDF)
Last updated: Jun 9 2021 10:01AM
After declining by five points in the first quarter, the RMB/BER BCI jumped by 15 to 50 in the second quarter. Confidence rebounded especially sharply in the manufacturing, retail trade and motor trade sectors. By contrast, sentiment among building
read moreAfter declining by five points in the first quarter, the RMB/BER BCI jumped by 15 to 50 in the second quarter. Confidence rebounded especially sharply in the manufacturing, retail trade and motor trade sectors. By contrast, sentiment among building contractors and the wholesale trade sector improved only marginally. While the improvement in sentiment is no doubt encouraging, uncertainties remain.
RMB/BER Business Confidence Index (Sectoral, Provincial and Composites), 2021Q2 (Excel)
Last updated: Jun 9 2021 10:03AM
After declining by five points in the first quarter, the RMB/BER BCI jumped by 15 to 50 in the second quarter. Confidence rebounded especially sharply in the manufacturing, retail trade and motor trade sectors. By contrast, sentiment among building
read moreAfter declining by five points in the first quarter, the RMB/BER BCI jumped by 15 to 50 in the second quarter. Confidence rebounded especially sharply in the manufacturing, retail trade and motor trade sectors. By contrast, sentiment among building contractors and the wholesale trade sector improved only marginally. While the improvement in sentiment is no doubt encouraging, uncertainties remain.
RMB/BER Business Confidence Index (Sectoral, Provincial and Composites), 2021Q1 (Excel)
Last updated: Mar 10 2021 10:02AM
The RMB/BER BCI declined from 40 to 35 in the first quarter of 2021. This means close to seven out of ten senior executives expressed dissatisfaction with prevailing business conditions, up from six previously. Retail saw the biggest decline, followed by
read moreThe RMB/BER BCI declined from 40 to 35 in the first quarter of 2021. This means close to seven out of ten senior executives expressed dissatisfaction with prevailing business conditions, up from six previously. Retail saw the biggest decline, followed by manufacturing and new vehicle dealers. Sentiment among building contractors and wholesale traders deteriorated slightly. Such underlying dynamics are not reflective of a robust economic upswing.
RMB/BER Business Confidence Index (Sectoral, Provincial and Composites), 2021Q1 (pdf)
Last updated: Mar 10 2021 10:04AM
The RMB/BER BCI declined from 40 to 35 in the first quarter of 2021. This means close to seven out of ten senior executives expressed dissatisfaction with prevailing business conditions, up from six previously. Retail saw the biggest decline, followed by
read moreThe RMB/BER BCI declined from 40 to 35 in the first quarter of 2021. This means close to seven out of ten senior executives expressed dissatisfaction with prevailing business conditions, up from six previously. Retail saw the biggest decline, followed by manufacturing and new vehicle dealers. Sentiment among building contractors and wholesale traders deteriorated slightly. Such underlying dynamics are not reflective of a robust economic upswing.
RMB/BER Business Confidence Index (Sectoral and Provincial), 2020Q4 (Excel)
Last updated: Nov 25 2020 11:03AM
After crashing to an all-time low of five at the height of the COVID-19-induced lockdown in the second quarter, the RMB/BER BCI increased noticeably further from 24 in the third quarter to 40 in the fourth quarter. Confidence rose in all the sectors making up
read moreAfter crashing to an all-time low of five at the height of the COVID-19-induced lockdown in the second quarter, the RMB/BER BCI increased noticeably further from 24 in the third quarter to 40 in the fourth quarter. Confidence rose in all the sectors making up the BCI. While the easing of lockdown restrictions in recent months has led to a resurgence in activity, the tempo of growth in 2021 and beyond remains highly uncertain.
RMB/BER Business Confidence Index (Sectoral and Provincial), 2020Q4 (pdf)
Last updated: Nov 25 2020 11:05AM
After crashing to an all-time low of five at the height of the COVID-19-induced lockdown in the second quarter, the RMB/BER BCI increased noticeably further from 24 in the third quarter to 40 in the fourth quarter. Confidence rose in all the sectors making up
read moreAfter crashing to an all-time low of five at the height of the COVID-19-induced lockdown in the second quarter, the RMB/BER BCI increased noticeably further from 24 in the third quarter to 40 in the fourth quarter. Confidence rose in all the sectors making up the BCI. While the easing of lockdown restrictions in recent months has led to a resurgence in activity, the tempo of growth in 2021 and beyond remains highly uncertain.
RMB/BER Business Confidence Index (History Data), 2020
Last updated: Nov 25 2020 11:06AM
After crashing to an all-time low of five at the height of the COVID-19-induced lockdown in the second quarter, the RMB/BER BCI increased noticeably further from 24 in the third quarter to 40 in the fourth quarter. Confidence rose in all the sectors making up
read moreAfter crashing to an all-time low of five at the height of the COVID-19-induced lockdown in the second quarter, the RMB/BER BCI increased noticeably further from 24 in the third quarter to 40 in the fourth quarter. Confidence rose in all the sectors making up the BCI. While the easing of lockdown restrictions in recent months has led to a resurgence in activity, the tempo of growth in 2021 and beyond remains highly uncertain.
RMB/BER Business Confidence Index (Sectoral and Provincial), 2020Q3 (Excel)
Last updated: Sep 9 2020 11:26AM
After falling from 18 to an all-time low of five in the second quarter, the RMB/BER BCI rebounded to 24 in the third quarter. Business confidence recovered in all the sectors making up the BCI. Given the close historical relationship between real GDP growth
read moreAfter falling from 18 to an all-time low of five in the second quarter, the RMB/BER BCI rebounded to 24 in the third quarter. Business confidence recovered in all the sectors making up the BCI. Given the close historical relationship between real GDP growth and the RMB/BER BCI, the third quarter survey results foreshadow an improvement in the third quarter relative to the second quarter.
RMB/BER Business Confidence Index (Sectoral and Provincial), 2020Q3 (pdf)
Last updated: Sep 9 2020 11:27AM
After falling from 18 to an all-time low of five in the second quarter, the RMB/BER BCI rebounded to 24 in the third quarter. Business confidence recovered in all the sectors making up the BCI. Given the close historical relationship between real GDP growth
read moreAfter falling from 18 to an all-time low of five in the second quarter, the RMB/BER BCI rebounded to 24 in the third quarter. Business confidence recovered in all the sectors making up the BCI. Given the close historical relationship between real GDP growth and the RMB/BER BCI, the third quarter survey results foreshadow an improvement in the third quarter relative to the second quarter