
RMB/BER Business Confidence
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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 Business Confidence Index (BCI) increased noticeably further from 24 in the third quarter to 40 in the fourth quarter – a welcome surprise. But, regardless of the improvement in sentiment, questions remain about its sustainability.
RMB economist SA Economist Siobhan Redford, speaks to Michael Avery about the sustainability of the bounce back in business confidence?
RMB economist SA Economist Siobhan Redford, speaks to Michael Avery about the sustainability of the bounce back in business confidence?