Viral STATISTICS
Jan 21, 2022
4 minutes
BY ALOKESH BHATTACHARYYA
DOWN AGAIN
BCI dips sharply in Q3 after a 10-quarter high in Q2
Source: BT-C Fore Business Confidence Survey
SERVICES SURPRISE
While heavy and light industries dipped in confidence, services rose on the back of Q3 performance
On a scale of 100
Source: BT-C Fore Business Confidence Survey
DIPPING ALL OVER
Businesses across sizes saw confidence falling in Q3
On a scale of 100; Big business = turnover > ₹500 crore; Mid-sized = turnover ₹100-500 crore; Small = turnover < ₹100 crore; Micro = turnover < ₹5 crore
Source: BT-C Fore Business Confidence Survey
66% of those surveyed expect Omicron to hit their business hard
STILL, Q3 WAS GENER-ALLY OKAY, ESPECIALLY IN TERMS OF FINANCIAL SITUATION AND DEMAND CONDITIONS…
…BUT Q4, WITH OMICRON LIKELY AT ITS PEAK, IS
You’re reading a preview, subscribe to read more.
Start your free 30 days