Business Climate India: D&B Optimism Index for India for Q3 2011 Declines 21.7%

Posted by Joachim Bartels | Oct 9, 2011 | Dun & Bradstreet, Dun & Bradstreet India, Member, Member News | 0 |

Reflecting the looming presence of limits to growth, Composite Business Optimism Index for Q3 2011 fell to 143.6, a decline of 21.7% (q-o-q) as compared to Q2 2011.

After recording y-o-y growth for seven consecutive quarters, the index registered a decline of 4.2% in Q3 2011. Based on the responses received, it was observed that each of the six optimism indices – Volume of Sales, Net Profits, Selling Prices,New Orders, Inventory Levels and Employee Levels have registered a decrease as compared to Q2 2011. To read the full story click on this link

Source: D&B India

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