Industry: Improves Business Confidence

In the first quarter of the year, the Industrial Confidence Index in the Dominican Republic improved slightly compared to the period from October to December 2018.

Tuesday, May 14, 2019

The Industrial Confidence Index (ICI) rose slightly from 57.1 in the fourth quarter of 2018 (October-December) to 57.9 in the first quarter of 2019 (January-March). This implies an increase in confidence to increase industrial production in the near future, reported the Association of Industries of the Dominican Republic (AIRD).

The report explains that "... For the first quarter 2019 the increase in real production was below the expectations reflected in the survey for the fourth quarter of 2018. While expectations up to December 2018 stood at 22.3, the actual production report was at 0.0.

The balance of opinion was positively at 19.4 compared to the same period last year. The production expectations for the second quarter of 2019 (April-June) is 44.4, which implies a possible growth of the same.

The percentage of companies exporting increased in the first quarter of 2019 from 65% (October-December 2018) to 70%. (January-March 2019). As seen in Chart No. 5, by segmenting the companies that exported.
"

See full report.

More on this topic

Business Confidence Falls 4%

August 2019

During the second quarter of the year in the Dominican Republic, the Business Climate Index decreased 4% compared to what was reported from January to March 2019.

The Business Climate Index dropped from 64.5 in January-March 2019 to 61.7 in April-June 2019. This decrease was because of a drop in the opinion of businessmen in the Dominican economy, in the branch, climate for investment and in their company, explains the report of the Association of Industries of the Dominican Republic (AIRD).

Economic Confidence Stops its Decline

November 2018

In October, the Confidence Index of Economic Activity in Guatemala reported an increase of 11% regarding September of this year and increased 41% compared to the same month in 2017.

The most recent Survey of Economic Expectations made by the Banco de Guatemala, predicts an inflationary rate of 4.39% in October 4.17% in November and 4.18% in December 2018.

Honduras: Economic Expectations Show Slight Improvement

April 2018

Between February and March of this year the Confidence Index of Economic Activity rose from 46.5 to 46.9, registering an increase of just 1%.

According to the Survey on Macroeconomic Analysts' Expectations, prepared by the Central Bank of Honduras, during March the people consulted " ...

The Dominican Republic: Industrial Confidence Decreases

November 2017

The confidence index of the trade union of Dominican industrialists fell again at the end of September, accumulating two consecutive quarters of decreases.

From the Industrial Confidence Index at the Association of Industrialists of the Dominican Republic:

The Industrial Confidence Index (ICI) continued its downward trend for a second consecutive quarter, going from 57.8 in the first quarter of 2017 to 54.7 in the second quarter (April-June 2017) and 50.5 in the third quarter of this year. (July-September 2017), which implies that confidence over increasing production in the near future continues to reduce. In addition, this performance is also below the performance seen in the same period in 2016, when it stood at 54.1.

 close (x)

Receive more news about Industry

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


Gluten-free food business for sale

Operating Company dedicated to the manufacture of gluten-free and sugar-free products, OHNE brand.
The OHNE brand has 8 product lines: square bread, sweet...

Stock Indexes

(Apr 6)
Dow Jones
-5.60%
S&P 500
-5.10%
Nasdaq
-5.64%

Commodities

(Aug 21)
Brent Crude Oil
60.81
Coffee "C"
96.700
Gold
1,502
Silver
17.03