Mozambique Business Confidence

The Mozambican business confidence indicator rose to 96.9 in May 2019 from 95.4 in the previous month, hitting its highest level since February. Expectations improved regarding employment (102.6 from 99.6 in April); demand (98.0 from 96.5) and prices (91.6 from 87.9). Among sectors, sentiment rose in construction (109.7 from 105.7), manufacturing (98.6 from 93.3), transport services (101.5 from 97.6) and accommodation & catering services (95.4 from 93.9). In contrast, confidence weakened in retail & wholesale trade (95.1 from 97.0). Business Confidence in Mozambique averaged 100 Index Points from 2004 until 2019, reaching an all time high of 109.18 Index Points in December of 2010 and a record low of 86.60 Index Points in January of 2004.

Business Confidence in Mozambique is expected to be 97.20 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Mozambique to stand at 98.00 in 12 months time. In the long-term, the Mozambique Business Confidence is projected to trend around 98.40 Index Points in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	TEForecast
2019-04-01	03:45 PM	Business Confidence	98.5	99.7	100
2019-05-13	04:00 PM	Business Confidence	95.6	98.5	97.2
2019-06-04	10:00 AM	Business Confidence	95.4	95.6	96.0
2019-07-05	01:25 PM	Business Confidence	96.9	95.4	95.1
2019-08-02	09:00 AM	Business Confidence		96.9	97
2019-09-03	11:30 AM	Business Confidence			96.3
2019-09-27	11:20 AM	Business Confidence

Mozambique Business	Last	Previous	Highest	Lowest	Unit
Business Confidence	96.90	95.40	109.18	86.60	Index Points	[+]
Industrial Production	8.50	7.90	38.20	-12.70	percent	[+]
Industrial Production Mom	-11.10	-1.80	20.90	-32.50	percent	[+]
Internet Speed	2364.38	2690.05	2690.05	235.88	KBps	[+]
IP Addresses	60570.00	57816.00	99773.00	6811.00	IP	[+]
Leading Economic Index	-12.60	15.50	15.80	-15.80	percent	[+]
Mining Production	14.50	5.30	204.50	-34.80	percent	[+]
Changes In Inventories	137898.00	46858.90	137898.00	-3739.60	MZN Million	[+]
Competitiveness Index	39.75	41.90	41.90	3.01	Points	[+]
Competitiveness Rank	133.00	125.00	138.00	119.00		[+]
Composite Pmi	52.00	52.30	52.30	49.90		[+]
Ease of Doing Business	135.00	138.00	142.00	128.00		[+]
Corruption Index	23.00	25.00	35.00	22.00	Points	[+]
Corruption Rank	158.00	153.00	158.00	56.00		[+]

In Mozambique, the Economic Climate Indicator (ECI) measures the level of optimism executives have about current and expected developments in production, sales, employment, inventories, etc. The indicator is based on a sample of around 850 companies from the main sectors of the economy (Wholesale/Retail Sales, Construction, Manufacturing, Transports, Hotels and Restaurants). For each of the indicators measured, the net difference between the number of positive responses and the number of negative responses is computed. The final index (ECI) is then calculated as a simple average of those balances. The ECI value above 100 indicates an improving outlook and a value below 100 indicates a deteriorating outlook. This page provides the latest reported value for - Mozambique Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Mozambique Business Confidence - actual data, historical chart and calendar of releases - was last updated on July of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	96.90	95.40	109.18	86.60	2004 - 2019	Index Points	Monthly

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Country	Last		Previous	Range
Australia	2.00	Jun/19	7	21 : -30	Index Points
Brazil	56.90	Jun/19	56.5	68.5 : 35	Index Points
Canada	52.40	Jun/19	55.9	75 : 36.1	Index Points
China	49.40	Jun/19	49.4	59.2 : 38.8	Index Points
Euro Area	0.17	Jun/19	0.3	1.62 : -3.3	Index Points
France	102.00	Jun/19	104	124 : 66	Index Points
Germany	97.40	Jun/19	97.9	110 : 79.9	Index Points
India	113.50	Jun/19	116	128 : 96.4	Index Points
Indonesia	102.10	Mar/19	105	122 : 95.12	Index Points
Italy	100.80	Jun/19	102	122 : 71.5	Index Points
Japan	7.00	Jun/19	12	53 : -58	Index Points
Mexico	51.20	Jun/19	52.4	58.6 : 34	Index Points
Netherlands	3.30	Jun/19	4.7	10.9 : -23.5	Index Points
Russia	-1.00	Jun/19	-1	7 : -20	Index Points
Saudi Arabia	3.00	Jun/16	-12	63 : -12	Index Points
Singapore	1.00	Mar/19	-14	54 : -57	Index Points
South Africa	28.00	Jun/19	28	92 : 12	Index Points
South Korea	75.00	Jun/19	76	119 : 35	Index Points
Spain	-3.70	Jun/19	-3.3	8.5 : -39	Index Points
Switzerland	93.60	Jun/19	93.8	119 : 71.8	Index Points
Turkey	102.50	Jun/19	98.9	123 : 52.6	Index Points
United Kingdom	-13.00	Jun/19	-23	55 : -75	Index Points
United States	51.70	Jun/19	52.1	77.5 : 29.4	Index Points