New issue of Business Barometer for December 2015 available
The Business Barometer represents an analysis of subjective opinions of entrepreneurs on current and future state of the economy, which helps to determine a pattern of economic changes and create a framework for forecasting and directing economic activities in the future.
When analyzed by sectors, a positive current business climate and optimistic expectations of future business are expressed in all surveyed sectors – Manufacturing, Agriculture, forestry and fishery, Wholesale and retail, repairs of motor vehicles and motorcycles, Construction, Professional, scientific, innovative and technical activities and Information and communication sectors. Moreover, the most positive evaluation of the current business climate is described by the Business Barometer coefficient of 85.2 in the Information and communication sector. The most optimistic evaluation of the next six-month business activities is also recorded in the same sector, expressed with the BBV coefficient of 52.5.
Observed at the aggregate level, the surveyed entrepreneurs in the AP Vojvodina expect positive business results in the next six-month period, based on their attitude that positive business activities with foreign clients will be established and that the selling prices of their products and services will maintain a positive trend.