Tepid business confidence bodes ill for growth
Though confidence continued to recover from record lows, most viewed conditions as unsatisfactory in the fourth quarter of 2020
19 January 2021 - 14:10
UPDATED 19 January 2021 - 19:55
Confidence in sectors that account for about a fifth of GDP was tepid in the last quarter of 2020 and suggests SA’s partial recovery may have slowed.
More than seven out of 10 respondents still viewed business conditions as far from favourable in the fourth quarter, according to the latest services survey released by the Bureau for Economic Research (BER) on Tuesday...
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