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Archive 2011

  • Reduction in business optimism continues

    14.09.2011

    Expectations of managers about changes in business environment over the next six months deteriorated. The value of the index of business expectations has decreased to 0.06 in July/August (in April - 0.16). There is a simultaneous drop in the share of “optimists” (from 26.9% to 17.6%) and “pessimists” (from 15.7% to 10.2%). Share of respondents that do not expect any changes of the overall economic situation over the next six months increased from 57.4% in April to 72.2.% in July.

     

    Source: IER Business Surveys

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