New issue of Business Barometer for June 2016 is available

New issue of Business Barometer for June 2016 is available

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 analysed by individual sectors, a positive current business climate and expectations of future business are observed in all surveyed sectors - the sectors of 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. Furthermore, the most positive current business climate is expressed with the Business Barometer coefficient of 78.2 in the sector of Professional, scientific, innovative and technical activities. The most optimistic evaluation of the next six-month business activities is recorded at the level of the Information and communication sector, expressed with the Business Barometer coefficient of 90.1.

Looking 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, the selling prices of their products and services will increase, and that in the following year there would be a growth in the number of employed persons at the level of their enterprises.

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