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Data from Financial Modeling Prep. Forecasts by Sigmanomics Forecast Engine.
CyprusBusiness Confidence climbed to 102.2 in December 2022
Financial Modeling PrepMonthlyReleased January 2023
Business Confidence climbed to 102.2 in December 2022, up 1.9 from November's 100.3 reading. The print exceeded the 93.2 consensus by 9. Year-over-year, the indicator is down 5.3. Over the past 3 months, Business Confidence averaged 100.65, vs 99.13 in the prior 3-month window. Business Confidence is now the highest in 9 months.
Latest Release
102.2
Actual
93.2
Consensus
100.3
Previous
The January 2023 reading rose from the previous value of 100.3. Historically, this indicator is positively correlated with EUR/USD (Watch) and negatively correlated with USD/JPY (Watch).
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Business Confidence - CY
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