Business Sentiment IndexHave we been here before?
“Despite the fact that the northern countries of our region had been showing evidence of real growth and healthier fundamentals, executives there reported the most severe declines in sentiment compared to those in the south.”
Mike Barrington, CEO of Deloitte Central Europe
The Deloitte Business Sentiment Index is an analysis of the opinions of senior executives on a number of important business-related issues. The executives who participate in the Business Sentiment Index represent some of the largest companies within six countries of Central Europe: Croatia, Czech Republic, Hungary, Poland, Romania and Slovakia.
The index aims to provide a barometer of business sentiment in the region and provide insightful forecasts from those who influence not only their company's performance but also that of their local economies.
In the sixth edition, results show that executives in Central Europe are pessimistic about the prospects for their country’s economies in 2012. Overall, sentiment has fallen to the same level as one year ago. This drop to October 2010 levels follows five consecutive survey-on-survey increases in sentiment across the region.
A special section on Special Economic Zones finds that public aid is gaining importance in the region as more executives report that it will be at least one of many factors to be considered for a future investment in a given location.
Deloitte publishes the index regularly in order to provide up-to-date information on the latest views and sentiments across Central Europe.
Read more about the sixth edition of Deloitte Business Sentiment Index (BSI) report.
The Deloitte Business Sentiment Index 5th edition: The region’s executives reported that they are now more than twice as likely to consider making investments in capital expenditure in the next 12 months than they were at the time of the first survey in September 2009. A special section on innovation and executives’ plans for research and development (R&D) expenditure highlights the fact that executives in the region are aware of the importance of fostering innovation.
The Deloitte Business Sentiment Index 4th edition: Slovakia reported the strongest surge in optimism in October 2010, while the region posted an increase in positive sentiment about financial prospects for companies, availability of credit and employment levels in firms.
The Deloitte Business Sentiment Index 3rd edition: In April 2010, senior executives in Central Europe were more optimistic about several key indicators; in particular the present availability of credit, expected sales revenues and spending on capital goods over the next 12 months.
The Deloitte Business Sentiment Index 2nd edition: The second edition finds executives in Central Europe in a more optimistic frame of mind about the economic prospects of their country and companies compared to the findings of the first index in September 2009.
The Deloitte Business Sentiment Index 1st edition: Cautious optimism is the heartening finding of Deloitte's first Business Sentiment Index.