Uganda - Liike-Luottamus

The Business Tendency Index in Uganda declined to 56.7 in November 2019 from a downwardly revised 57.1 in the previous month. It was the lowest reading since July last year, amid decreases in present business situation (50.9 vs 51.0 in October); business situation in three months (65.7 vs 66.4); order volumes (56.1 vs 56.8); financial situation (47.9 vs 48.0) and average selling prices (52.5 vs 52.8). Meanwhile, slight improvements were observed in employment (50.5 vs 50.4) and access to credit (36.9 vs 36.5).

The Business Tendency Index in Uganda edged down to 57.7 in October of 2019 from a downwardly revised 57.9 in the previous month. It was the weakest reading since August last year, amid decreases in present business situation (50.8 from 51.2 in September); business situation in three months (67.4 from 67.8); average selling prices (53.2 from 53.5) and financial situation (48.0 from 48.4). In contrast, slight improvements were seen in orders volumes (59.4 from 58.9) and access to credit (36.8 from 36.3).

The Business Tendency Index in Uganda rose to 58.6 in September 2019 from an upwardly revised 58.4 in the previous month. Improvements were seen in present business situation (51.8 from 51.7 in August); employment (50.4 from 50.3); order volumes (59 from 58.5); and access to credit (35.6 from 35.3). On the other hand, managers’ assessment deteriorated for financial situation (48.7 from 48.8); and business situation in 3 months (68.5 from 68.6). Meantime, average selling prices slowed (54.3 from 54.4).

The Business Tendency Index in Uganda edged down to 57.84 in August 2019 from a downwardly revised 57.87 in the previous month, reaching its lowest level since last September. Decreases were seen in present business situation (51.24 from 51.48 in July); business situation in 3 months (68.60 from 68.75); employment (49.77 from 49.90); average selling prices (54.26 from 54.57); access to credit (49.07 from 49.20) and financial situation (34.53 from 35.66). In contrast, order volumes with suppliers rose further (58.08 from 57.61).

The Business Tendency Index in Uganda fell slightly to 58.10 in July from an upwardly revised 58.15 in the previous month, reaching its lowest level since last October. Decreases were observed in present business situation (51.80 from 51.99 in June); business situation in 3 months (69.23 from 69.35); employment (50.55 from 50.61); access to credit (34.33 from 34.58) and average selling prices (53.50 from 54.10). In contrast, order volumes with suppliers (56.44 from 56.35) and financial situation (49.76 from 49.65) went up.

The Business Tendency Index in Uganda dropped to 57.58 in June 2019 from a downwardly revised 57.87 in the previous month, reaching its lowest level since last September. Decreases were seen in all components: present business situation (51.69 from 52.02 in May); business situation in 3 months (69.31 from 69.39); order volumes with suppliers (55.08 from 55.46); employment (50.14 from 50.47); financial situation (48.96 from 49.19); access to credit (34.73 from 34.95) and average selling prices (54.41 from 54.93), linked to stronger competition (69.73 from 69.57).