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Business confidence declined slightly. No 7

Date Uploaded: June 11 2008 12:09


After dropping by 19 index points during 08Q1, the RMB/BER business confidence index (BCI) declined by a further 3 index points during 08Q2 – from 48 to 45. The results show that there is still pockets of resilience in the consumer sector despite higher interest rates and inflation. The building and manufacturing sector fared dismally.