“Business confidence fell to its lowest level in more than a year last month amid growing fears that inflation poses a long-term threat to company sales,” said the UK Times in its latest news during early Tuesday morning in Asia.
“Confidence among companies is now at levels last seen in April 2021, when coronavirus restrictions were beginning to relax, according to the index by BDO, the accounting and business advisory firm,” the news adds.
It’s worth noting that the sentiment gauge takes a weighted average of the UK’s main business surveys, covering responses from about 4,000 companies, per the UK Times.
BDO’s optimism index fell for a second consecutive month in May, dropping by 4.82 points to 101.93. The 100 mark separates expectations for long-term growth from contraction.
The decline was driven by a fall in optimism in the services sector, which has been the hardest hit by falling consumer spending in light of the squeeze on household budgets.
The index for optimism in services fell by 5.35 points to 100.95 in May. Output also fell to its lowest level in more than a year, dropping by 1.86 points in May to 100.53.
The figures reflect official data on output published by the Office for National Statistics yesterday, which showed that the UK economy contracted for the second consecutive month in April, raising fears of an outright fall in output in the second quarter.
Also read: GBP/USD nosedives to a fresh two-year low around 1.2100s on expectations of a Fed 75 bps hike
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.