Dun & Bradstreet Business Optimism increased in Q2 2019

Business Optimism increased in Q2 2019

Business Optimism Index increased by 6.3% (q-o-q)

Highlights

• Dun & Bradstreet Composite Business Optimism Index stands at 78.4 during Q2 2019, an increase of 6.3% as compared to Q1 2019.

• Optimism for net profits stands at 69% - an increase of 6 percentage points as compared to Q1 2019

• Optimism for new orders stands at 63% - the same level as in Q1 2019

• Optimism for volume of sales stands at 74% - an increase of 3 percentage points as compared to Q1 2019

• Optimism for selling prices stands at 23% - an increase of 4 percentage points as compared to Q1 2019.

Mumbai, April 10, 2019: The Dun & Bradstreet Composite Business Optimism Index stands at 78.4 during Q2 2019, an increase of 6.3% as compared to Q1 2019. Four of the six optimism indices have registered an increase as compared to Q1 2019.

D&B's Composite Business Optimism Index:  Q2 2001 – Q2 2019

increased prices of inputs to the customers” said Manish Sinha, Managing Director – India, Dun & Bradstreet.

74% of the respondents expect volume of sales to increase in Q2 2019 compared to 71% in Q1 2019, an increase of 3 percentage points. While 18% expect it to remain unchanged, 8% expect the volume of sales to decline.

69% of the respondents expect an increase in net profits in Q2 2019, compared to 63% in Q1 2019, an increase of 6 percentage points. 23% expect net profits to remain unchanged, while 8% expect it to decrease.

70% of the respondents expect no change in the selling price of their products for Q2 2019. 23% of the respondents expect the selling price of their products to increase during Q2 2019, while 7% expect a decline.

63% of the respondents expect their order book position to improve in Q2 2019, the same level as in Q1 2019. While 29% of the respondents expect new orders to remain unchanged, 8% anticipate new orders to decrease.

40% of the respondents expect an increase in the size of their workforce employed during Q2 2019, the same level as in Q1 2019. While 53% anticipate no change in the number of employees, the remaining 7% expect their workforce size to decline.

39% of the respondents expect their inventory level to increase during Q2 2019, as compared to 22% in Q1 2019. While 48% anticipate no change in inventory level, 13% expect inventory level to decline.