DELICATE BUSINESS CLIMATE Delicate Business Climate
The SACCI Business Confidence Index (BCI) improved by another 0.9 index point from October 2016 to 93.9 in November 2016. The BCI increased by 3.6 index points from the exceptionally low level of 90.3 registered in September 2016. During 2016 the BCI recovered relatively well up to July 2016 when the BCI reached 96.0 but then contracted to the 90.3 in September 2016.
The recovery of the BCI in October and November 2016 was achieved in a depressed domestic …….