BCI shows Highest Business Confidence in 2 years about the business environment
The BCI for Q3 of 2021 was recorded at 156 points. This is much higher than the 15 recorded in Q1 of 2021, the 156 points implies that the business executives expressed very positive sentiments about the business environment.
Business Confidence Index (BCI) is the ZACCI proprietary tool that measures the level of business executives’ confidence in the business environment and predicts short term business trends. It simply expresses perceptions on the state of business climate in one figure (index) with 100 points as the median. A BCI higher than 100 points signifies positive sentiments about the business climate and a BCI lower than 100 points signifies negative sentiments about the business climate.
Download the BCI from Quarter 1 to Quarter 3.
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