RMB/BER Business Confidence Index
RMB/BER Business Confidence Index (Sectoral, Provincial and Composites), 2021Q3 (Excel)
Last updated: Sep 9 2021 9:10AM
After surging by 15 points to 50 in the second quarter, the RMB/BER Business Confidence index (BCI) retreated to 43 in the third quarter. The unexpected shock of the looting, combined with a variety of other negatives, knocked business confidence hard in the
read moreAfter surging by 15 points to 50 in the second quarter, the RMB/BER Business Confidence index (BCI) retreated to 43 in the third quarter. The unexpected shock of the looting, combined with a variety of other negatives, knocked business confidence hard in the third quarter. However, retail and wholesale trade confidence (which held up relatively well) cushioned the blow, while manufacturing confidence only fell by five points after the strong 21-point gain in the second quarter. Thanks to this resilience, the adverse developments in the third quarter are likely to only deliver a temporary setback to what otherwise remains a cyclical economic recovery.
RMB/BER Business Confidence Index (History Data), 2021
Last updated: Sep 9 2021 9:19AM
After surging by 15 points to 50 in the second quarter, the RMB/BER Business Confidence index (BCI) retreated to 43 in the third quarter. The unexpected shock of the looting, combined with a variety of other negatives, knocked business confidence hard in the
read moreAfter surging by 15 points to 50 in the second quarter, the RMB/BER Business Confidence index (BCI) retreated to 43 in the third quarter. The unexpected shock of the looting, combined with a variety of other negatives, knocked business confidence hard in the third quarter. However, retail and wholesale trade confidence (which held up relatively well) cushioned the blow, while manufacturing confidence only fell by five points after the strong 21-point gain in the second quarter. Thanks to this resilience, the adverse developments in the third quarter are likely to only deliver a temporary setback to what otherwise remains a cyclical economic recovery.
RMB/BER Business Confidence Index (Sectoral, Provincial and Composites), 2021Q3 (PDF)
Last updated: Sep 8 2021 4:27PM
After surging by 15 points to 50 in the second quarter, the RMB/BER Business Confidence index (BCI) retreated to 43 in the third quarter. The unexpected shock of the looting, combined with a variety of other negatives, knocked business confidence hard in the
read moreAfter surging by 15 points to 50 in the second quarter, the RMB/BER Business Confidence index (BCI) retreated to 43 in the third quarter. The unexpected shock of the looting, combined with a variety of other negatives, knocked business confidence hard in the third quarter. However, retail and wholesale trade confidence (which held up relatively well) cushioned the blow, while manufacturing confidence only fell by five points after the strong 21-point gain in the second quarter. Thanks to this resilience, the adverse developments in the third quarter are likely to only deliver a temporary setback to what otherwise remains a cyclical economic recovery.
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.