The Business Tendency Index in Uganda fell to 58.06 in May 2019 from a downwardly revised 58.42 in the previous month, reaching its lowest level since October last year. Decreases were seen in present business situation (52.25 from 52.80 in April); business situation in 3 months (69.27 from 69.48); order volumes with suppliers (55.25 from 55.85); employment (50.46 from 50.68) and access to credit (34.97 from 35.29). In contrast, financial situation (49.40 from 49.37) and average selling prices (56.29 from 56.22) rose slightly. Business Confidence in Uganda averaged 57.33 Index Points from 2012 until 2019, reaching an all time high of 62.65 Index Points in December of 2012 and a record low of 51.99 Index Points in August of 2015.

Business Confidence in Uganda is expected to be 57.80 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 Uganda to stand at 56.80 in 12 months time. In the long-term, the Uganda Business Confidence is projected to trend around 57.70 Index Points in 2020, according to our econometric models.

Uganda Business Confidence
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2019-03-06 10:30 AM Business Confidence 60.34 59.88 59.7
2019-04-04 11:50 AM Business Confidence 59.84 59.74 60.0
2019-05-06 01:30 PM Business Confidence 58.6 59.0 60.6
2019-06-07 11:25 AM Business Confidence 58.1 58.4 58.3
2019-07-05 10:00 AM Business Confidence 58.1 57.8
2019-08-06 09:00 AM Business Confidence 57.4
2019-09-05 02:40 PM Business Confidence 58


Uganda Business Last Previous Highest Lowest Unit
Business Confidence 58.06 58.42 62.65 51.99 Index Points [+]
Leading Economic Index 232.32 230.23 232.32 94.81 Index Points [+]
Internet Speed 2353.31 2515.97 2515.97 104.48 KBps [+]
IP Addresses 20690.00 19366.00 22382.00 1926.00 IP [+]
Ease of Doing Business 127.00 122.00 135.00 106.00 [+]
Corruption Index 26.00 26.00 29.00 19.00 Points [+]
Corruption Rank 149.00 151.00 151.00 43.00 [+]
Changes In Inventories 197.42 197.42 197.98 126.47 UGX billion [+]
Competitiveness Index 46.80 46.97 46.97 3.33 Points [+]
Competitiveness Rank 117.00 113.00 129.00 108.00 [+]
Composite Pmi 57.30 54.70 57.50 47.70 [+]


Uganda Business Confidence

In Uganda, the Business Tendency Index measures the level of optimism that executives have about current and expected outlook for production, order levels, employment, prices and access to credit. The Index covers the major sectors of the economy, namely construction, manufacturing, wholesale trade, agriculture and other services. The Overall Business Tendency Index above 50 indicates an improving outlook and below 50 a deteriorating outlook. This page provides the latest reported value for - Uganda Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Uganda Business Confidence - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
58.06 58.42 62.65 51.99 2012 - 2019 Index Points Monthly
NSA




Country Last Previous
Australia 7.00 May/19
Brazil 56.90 Jun/19
Canada 55.90 May/19
China 49.40 May/19
Euro Area 0.30 May/19
France 102.00 Jun/19
Germany 97.40 Jun/19
India 113.50 Jun/19
Indonesia 102.10 Mar/19
Italy 102.00 May/19
Japan 12.00 Mar/19
Mexico 52.40 May/19
Netherlands 4.70 May/19
Russia -1.00 May/19
Saudi Arabia 3.00 Jun/16
Singapore 1.00 Mar/19
South Africa 28.00 Jun/19
South Korea 76.00 May/19
Spain -3.30 May/19
Switzerland 94.40 May/19
Turkey 102.50 Jun/19
United Kingdom -13.00 Jun/19
United States 52.10 May/19


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