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Business confidence recovers noticeably

The RMB/BER Business Confidence Index shows a noticeable recovery in the second quarter. RMB Chief Economist Ettienne le Roux unpacks sector results and impact on GDP growth.

Third quarter business confidence: down but not out

The RMB/BER Business Confidence Index is back in negative territory. Some sectors showed surprising resilience though, and the adverse developments in the quarter are likely to deliver only a temporary setback.

3Q22: Business confidence slips again but all is not lost

The RMB/BER Business Confidence Index eased slightly further from 42 to 39 in the third quarter. While disappointing, the underlying picture is not as bad, with an encouraging performance from consumer-facing sectors.