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.

Mozambique Business Confidence
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Calendar GMT Actual Previous Consensus 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 [+]


Mozambique Business Confidence

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




Country Last Previous
Australia 2.00 Jun/19
Brazil 56.90 Jun/19
Canada 52.40 Jun/19
China 49.40 Jun/19
Euro Area 0.17 Jun/19
France 102.00 Jun/19
Germany 97.40 Jun/19
India 113.50 Jun/19
Indonesia 102.10 Mar/19
Italy 100.80 Jun/19
Japan 7.00 Jun/19
Mexico 51.20 Jun/19
Netherlands 3.30 Jun/19
Russia -1.00 Jun/19
Saudi Arabia 3.00 Jun/16
Singapore 1.00 Mar/19
South Africa 28.00 Jun/19
South Korea 75.00 Jun/19
Spain -3.70 Jun/19
Switzerland 93.60 Jun/19
Turkey 102.50 Jun/19
United Kingdom -13.00 Jun/19
United States 51.70 Jun/19


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