Business confidence in Mozambique fell to 97 in August 2019, its lowest level since May, from 98.2 in the prior month, amid declines in current opinion about employment (91.2 from 92.7 in July) and expected prices (91.6 from 92.0). Meanwhile, prospects for both demand (100.3 from 99.6) and employment (95.8 from 93.8) improved. Across sectors, sentiment weakened in manufacturing (92.5 from 93.6), construction (103.5 from 105.3) and other services (101.1 from 107.7), but strengthened in accommodation & catering services (90.6 from 89.4), transportation (96.4 from 95.1) and trade (101.8 from 96.0). Business Confidence in Mozambique averaged 99.97 Index Points from 2004 until 2019, reaching an all time high of 109.18 Index Points in December of 2010 and a record low of 86.60 Index Points in January of 2004.

Business Confidence in Mozambique is expected to be 97.20 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 Mozambique to stand at 98.00 in 12 months time. In the long-term, the Mozambique Business Confidence is projected to trend around 98.40 Index Points in 2020, according to our econometric models.

Mozambique Business Confidence
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Calendar GMT Actual Previous Consensus TEForecast
2019-07-05 01:25 PM Business Confidence May 96.9 95.4 95.1
2019-08-02 09:00 AM Business Confidence Jun 96.9 96.9 97
2019-09-02 02:40 PM Business Confidence Jul 98.2 96.9 96.3
2019-10-01 04:00 PM Business Confidence Aug 97.0 98.2 96
2019-11-05 11:10 AM Business Confidence Sep 97.0 97.2
2019-11-29 11:30 AM Business Confidence Oct
2019-12-31 11:30 AM Business Confidence Nov


Mozambique Business Last Previous Highest Lowest Unit
Business Confidence 97.00 98.20 109.18 86.60 Index Points [+]
Industrial Production 8.50 7.90 38.20 -12.70 percent [+]
Industrial Production Mom -11.10 -1.80 20.90 -32.50 percent [+]
Internet Speed 2364.38 2690.05 2690.05 235.88 KBps [+]
IP Addresses 60570.00 57816.00 99773.00 6811.00 IP [+]
Leading Economic Index 17.70 8.50 17.70 -15.80 percent [+]
Mining Production 14.50 5.30 204.50 -34.80 percent [+]
Changes In Inventories 137898.00 46858.90 137898.00 -3739.60 MZN Million [+]
Competitiveness Index 38.08 39.75 41.90 3.01 Points [+]
Competitiveness Rank 137.00 133.00 138.00 119.00 [+]
Composite Pmi 51.10 51.80 52.80 49.90 [+]
Ease of Doing Business 135.00 138.00 142.00 128.00 [+]
Corruption Index 23.00 25.00 35.00 22.00 Points [+]
Corruption Rank 158.00 153.00 158.00 56.00 [+]


Mozambique Business Confidence

In Mozambique, the Economic Climate Indicator (ECI) measures the level of optimism executives have about current and expected developments in production, sales, employment, inventories, etc. The indicator is based on a sample of around 850 companies from the main sectors of the economy (Wholesale/Retail Sales, Construction, Manufacturing, Transports, Hotels and Restaurants). For each of the indicators measured, the net difference between the number of positive responses and the number of negative responses is computed. The final index (ECI) is then calculated as a simple average of those balances. The ECI value above 100 indicates an improving outlook and a value below 100 indicates a deteriorating outlook. This page provides the latest reported value for - Mozambique Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Mozambique Business Confidence - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
97.00 98.20 109.18 86.60 2004 - 2019 Index Points Monthly




Country Last Previous
Australia 0.00 Sep/19
Brazil 59.40 Sep/19
Canada 48.70 Sep/19
China 49.80 Sep/19
Euro Area -0.22 Sep/19
France 102.00 Sep/19
Germany 94.60 Sep/19
India 112.80 Sep/19
Indonesia 108.81 Jun/19
Italy 98.80 Sep/19
Japan 5.00 Sep/19
Mexico 50.30 Sep/19
Netherlands 3.30 Sep/19
Russia -2.00 Sep/19
Saudi Arabia 3.00 Jun/16
Singapore -11.00 Jun/19
South Africa 21.00 Sep/19
South Korea 71.00 Sep/19
Spain -5.30 Sep/19
Switzerland 93.20 Sep/19
Turkey 98.80 Sep/19
United Kingdom -32.00 Sep/19
United States 47.80 Sep/19


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