Subscribe
Logo

Indexes

Business Confidence Index: The downward trend continues!
26 April 2022

For the second quarter of 2022, business confidence in Georgia decreased (by 2.2 index points) and reached 15.1. The highest decrease in business confidence is observed in construction (-29.7), and wholesale and retail trade (-7.6) sectors. The negative change in BCI for Q2 2022 was driven by significantly worsened past performance.

The Past Performance Index, which considers the business sector's assessment of their own economic performance in the previous quarter, decreased by 22.6 points compared to Q1 2022 and reached -9.5 for Q2 2022, with construction (-87.1), and wholesale and retail trade (-45.4) sectors showing the greatest deterioration.

Loading...

Loading...

Expectations Index, which reflects business optimism, increased, amounting to 30.6 index points. Expectations for Q2 2022 increased for all sectors, except for the construction and wholesale and retail trade sectors.

Subscribe