13 Jun 2018
Business confidence retreats in second quarter: RMB/BER
By Janice Roberts
By Ettienne Le Roux, chief economist at RMB. After surging from 34 to 45 in the first quarter, the RMB/BER Business Confidence Index (BCI) deteriorated to 39 in the second quarter of 2018. This means that close to three fifths of respondents now regard prevailing business conditions as unsatisfactory – a disappointing outcome, yet probably...