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Business confidence wavers in May

From nbb.be

The increase in confidence was seen most strongly in trade in motor vehicles and textiles. The trade sector as a whole reported a sharp upward revision of demand expectations and, to a lesser extent, employment expectations. By contrast, there was little change in intentions of placing orders with suppliers. In contrast to the results in trade, the indicator deteriorated in the manufacturing industry due to more pessimistic demand and employment expectations. On the other hand, the assessment of stock levels was more favourable, as was the appraisal of order books, albeit marginally. In business-related services, ... (full story)

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  • Category: Low Impact Breaking News