Business confidence would improve in Q1 of 2014: Dun and Bradstreet Survey
Dun and Bradstreet report hinted that the business optimism saw a significant rise in the first quarter of 2014.
Dun and Bradstreet (D&B) report on 8 January 2014 hinted that the business optimism saw a significant rise in the first quarter of 2014. The rise will be mainly in sales volume and better stability will bring net profit and new orders.
16.6 percent of significant increase has been recorded by D&B Composite Business Optimism Index for Q1 in 2014. The optimism in three segments namely volume of sales, net profit and new orders, stands at an 11-quarter high for the period January-March 2014.
As per Dun & Bradstreet President and CEO, the business sentiment will be triggered with political stability, accompanied by certainty on the policy front. The 83 percent respondents expect that the volume of sales would increase in Q1 2014. 5 percent of respondents believe that the selling prices will decline whereas a 12 percent respondent doesn’t expect that volume of sales will remain unchanged.
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