Business climate monitor curves upwards

Jo-Maré Duddy - The IJG Business Climate Monitor (BCM) increased from 53.8 in July to 54.8 in August 2020, while the Leading Indicator remained unchanged at 66.7.
The latest BCM, released today, shows 16 of the 31 indicators recorded an improvement during August, but the value of 15 indicators deteriorated.
Indicators used in the BCM include copper, gold, diamond and uranium production and prices; exports and imports; lamb and beef, as well as fuel prices; inflation and the exchange rate. The BCN also take into account the following: buildings plans, new vehicle sales, tourist arrivals and departures, company registrations and credit extended to the private sector.