Uganda Business Confidence

The Business Tendency Index in Uganda fell to 58.63 in April 2019 from a downwardly revised 59.0 in the previous month, reaching its lowest level since October last year. Decreases were seen in present business situation (52.80 from 53.58 in March); business situation in 3 months (69.01 from 69.56); order volumes with suppliers (56.21 from 56.55); employment (51.31 from 51.32) and access to credit (35.66 from 35.85). Conversely, financial situation (49.96 from 48.86) and average selling prices (56.60 from 56.51) went up slightly. Business Confidence in Uganda averaged 57.34 Index Points from 2012 until 2019, reaching an all time high of 62.63 Index Points in December of 2012 and a record low of 52.03 Index Points in August of 2015.

Business Confidence in Uganda is expected to be 57.80 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 Uganda to stand at 56.80 in 12 months time. In the long-term, the Uganda Business Confidence is projected to trend around 57.70 Index Points in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	TEForecast
2019-02-06	09:00 AM	Business Confidence	59.95	59.39	58.6
2019-03-06	10:30 AM	Business Confidence	60.34	59.88	59.7
2019-04-04	11:50 AM	Business Confidence	59.84	59.74	60.0
2019-05-06	01:30 PM	Business Confidence	58.6	59.0	60.6
2019-06-07	09:00 AM	Business Confidence		58.6	58.3
2019-07-05	10:00 AM	Business Confidence			57.8
2019-08-06	09:00 AM	Business Confidence			57.4

Uganda Business	Last	Previous	Highest	Lowest	Unit
Business Confidence	58.63	59.00	62.63	52.03	Index Points	[+]
Leading Economic Index	230.23	229.84	230.23	94.81	Index Points	[+]
Internet Speed	2353.31	2515.97	2515.97	104.48	KBps	[+]
IP Addresses	20690.00	19366.00	22382.00	1926.00	IP	[+]
Ease of Doing Business	127.00	122.00	135.00	106.00		[+]
Corruption Index	26.00	26.00	29.00	19.00	Points	[+]
Corruption Rank	149.00	151.00	151.00	43.00		[+]
Changes In Inventories	197.42	197.42	197.98	126.47	UGX billion	[+]
Competitiveness Index	46.80	46.97	46.97	3.33	Points	[+]
Competitiveness Rank	117.00	113.00	129.00	108.00		[+]
Composite Pmi	54.70	51.70	57.50	47.70		[+]

In Uganda, the Business Tendency Index measures the level of optimism that executives have about current and expected outlook for production, order levels, employment, prices and access to credit. The Index covers the major sectors of the economy, namely construction, manufacturing, wholesale trade, agriculture and other services. The Overall Business Tendency Index above 50 indicates an improving outlook and below 50 a deteriorating outlook. This page provides the latest reported value for - Uganda Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Uganda Business Confidence - actual data, historical chart and calendar of releases - was last updated on May of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	58.63	59.00	62.63	52.03	2012 - 2019	Index Points	Monthly	NSA

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Country	Last		Previous	Range
Australia	0.00	Apr/19	-0.1	21 : -30	Index Points
Brazil	56.50	May/19	58.4	68.5 : 35	Index Points
Canada	55.90	Apr/19	54.3	75 : 36.1	Index Points
China	50.10	Apr/19	50.5	59.2 : 38.8	Index Points
Euro Area	0.42	Apr/19	0.54	1.62 : -3.3	Index Points
France	104.00	May/19	101	124 : 66	Index Points
Germany	97.90	May/19	99.2	110 : 79.8	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	100.60	Apr/19	101	122 : 71.6	Index Points
Japan	12.00	Mar/19	19	53 : -58	Index Points
Mexico	53.00	Apr/19	52.8	58.6 : 34	Index Points
Netherlands	6.70	Apr/19	6.1	10.9 : -23.5	Index Points
Russia	-2.00	Apr/19	-2	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	Mar/19	31	92 : 12	Index Points
South Korea	75.00	Apr/19	73	119 : 35	Index Points
Spain	-3.80	Apr/19	-2.4	8.5 : -39	Index Points
Switzerland	96.20	Apr/19	97.1	119 : 71.8	Index Points
Turkey	98.90	May/19	106	123 : 52.6	Index Points
United Kingdom	-13.00	Jun/19	-23	55 : -75	Index Points
United States	52.80	Apr/19	55.3	77.5 : 29.4	Index Points