Business expectations closed March with a value of 55.88 points, the highest in more than three years

The Monthly Business Confidence Indicator closed March with a value of 55.88 points, which is 0.15 points higher than February’s reading. With this result being the third consecutive increase, it marks it as the highest value since February 2018 when it reached 57.38 points. However, this survey was conducted in early March which was before the increase of COVID-19 infections.

Source: Emol