Confidence in manufacturing, employment drops
The Business Sentiment Index (BSI) dropped to 47.4 in November 2019, which was below the 50 threshold for eight consecutive months due largely to weaker confidence in the manufacturing sector, according to a central bank report on Monday (December 2).
However, the confidence of respondents in the non-manufacturing sector held steady this month, the report said. Their order books and investment sentiment improved slightly, while the positive performance outlook edged down.
The Nation Reporter
