Building confidence at its lowest level since late 2020
More than 70% of respondents are dissatisfied with prevailing conditions in the industry
15 June 2023 - 14:16
After remaining essentially unchanged over the past year, the FNB/BER Building Confidence Index declined in the second quarter, reflecting pessimism in prevailing business conditions.
The gauge, which measures sentiment in six sectors, shed five points to register a level of 28 in the second quarter, from 33 previously, reaching its lowest level since late 2020. ..
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