About: A business confidence index (BCI) is an indicator of the business sentiments prevalent across the industry. This index can be used to anticipate turning points in economic activity and growth in output levels in the country.
Detail: This business confidence indicator provides information on future developments, based upon opinion surveys on developments in production, orders and stocks of finished goods in the industry sector. It can be used to monitor output growth and to anticipate turning points in economic activity. Numbers above 100 suggest an increased confidence in near future business performance, and numbers below 100 indicate pessimism towards future performance.
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