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BOJ reports increase in business conditions index

The Bank of Jamaica's November Survey of Businesses' Inflation Expectations shows fewer persons believe business conditions have worsened.
 
According to the report, the Present Business Conditions Index increased to 28.7 relative to 24.6 in the previous survey. 
 
The Future Business Conditions Index rose to 138.5 compared to 128.2 in October.
 
The Central Bank says the increase in the Present Business Conditions Index reflected a decrease in the number of respondents of the view that conditions are worse.
 
The outturn for the Future Business Conditions Index mainly showed an increase in the proportion of respondents who believe that conditions will be better.


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