Issue 60 July – September 2021 (COVID-19 Special)

Author(s): ECES Economists
Publication Number: ECES-BB60

The Business Barometer Index (BBI) stabilized during FY Q1 (July-September 2021) at the neutral level, in spite of the numerous challenges faced by the business community, most notably: market recession, and rising input prices and shipping costs due to global supply chain disruptions. Although the outlook index gained one point above the neutral level, expectations for the period (October-December 2021) are lower than those for both the previous and corresponding quarters, reflecting high uncertainty about the challenges faced by the global economy and the pandemic as well as the recovery of domestic demand.