Mumbai, January 13, 2009: The Dun & Bradstreet Composite Business Optimism Index for Q1 2009 fell to 95.7 – the lowest value the index has registered since it was introduced in Q4 2002. As compared to the previous quarter, the Composite Business Optimism Index declined by as much as 31.1% – a record fall.  On a y-o-y basis, the BOI recorded its largest ever decrease of 43%.

Based on the responses received, it is observed that all the six optimism indices, namely volume of sales, net profits, new orders, inventory levels, selling prices and employee levels have declined as compared to the previous quarter. Source: D&B India

BIIA Newsletter January – 2009 Issue