Business Confidence in Mozambique decreased to 86.30 points in May from 87.70 points in April of 2021. source: Instituto Nacional De Estatistica, Mozambique

Business Confidence in Mozambique averaged 98.16 points from 2004 until 2021, reaching an all time high of 104.30 points in September of 2006 and a record low of 74 points in July of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.

Business Confidence in Mozambique is expected to be 87.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mozambique Business Confidence is projected to trend around 92.00 points in 2022 and 95.00 points in 2023, according to our econometric models.

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Mozambique Business Confidence


Calendar GMT Actual Previous Consensus TEForecast
2019-12-04 01:30 PM Oct 92.5 93.5 93.2
2019-12-30 01:35 PM Nov 92.8 92.5 93.7


Mozambique Last Unit Reference Previous Highest Lowest
Business Confidence 86.30 points May/21 87.70 104.30 74.00
Industrial Production Mom -11.60 percent Dec/20 -8.30 24.30 -32.50
Industrial Production -4.00 percent Dec/20 5.70 38.20 -12.70
Leading Economic Index 1.90 percent Mar/21 -9.90 22.70 -15.80
Mining Production -11.90 percent Dec/20 -17.20 204.50 -52.60
Changes In Inventories 137898.00 MZN Million Dec/18 46858.90 137898.00 -3739.60


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.