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Statistics

Business Outlook Survey

Business Sentiment Indices

Business Sentiment Index (a) (BSI) 2015 2016 2017
Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3

Business condition
(Level)

111 111 122 105 86 102 102 95 85 -
(113) (123) (135) (121) (101) (99) (119) (106) (106) (99)
Profitability
(Q-o-Q)
97 106 112 79 68 107 93 81 74 -
(101) (119) (117) (100) (97) (96) (114) (92) (98) (104)
Skilled Labour Availability
(Y-o-Y)
84 100 76 98 87 87 95 92 90 -
(99) (84) (107) (86) (88) (94) (95) (102) (94) (91)
Demand
(Y-o-Y)
139 129 146 116 105 129 123 132 116 -
(127) (147) (149) (137) (132) (126) (140) (126) (138) (132)
Sales
(Y-o-Y)
145 142 142 118 117 123 125 127 116 -
(133) (144) (152) (138) (128) (132) (133) (125) (129) (135)
Capacity Utilization
(Y-o-Y)
134 138 124 121 119 124 121 131 117 -
(139) (137) (155) (126) (137) (123) (130) (127) (134) (130)

(a) BSIs presented in the above table are realised numbers while the numbers given within parenthesis show the respondentís expectations for the relevant quarter given during the preceding quarter

BSIs Series >>


Overview of Business Sentiment Indices   

What it means?

The BSIs are compiled by CBSL to grasp the business condition for the current quarter and the outlook for the following quarter by conducting a survey on entrepreneursí perception.


Who is surveyed?

The sample of enterprises was selected using judgmental sampling method with stratification based on sectoral contribution to the GDP. The latest survey for the 2nd quarter of 2017, which was carried out during 20th June 2017 to 09th August 2017, covered around 100 respondents.


How it is compiled?

BSIs were calculated using the method introduced by the Organisation for Economic Co-operation and Development (OECD) manual as follows,
 
 Xi takes values of +1, 0 or -1 depending on the answer given by enterprise i
 
n is the number of reporting units in the  sector sample
 
Where Wk: kth sector's GDP weight 
Compiled BSIs will consists of values ranging from 0 to 200 where the general interpretation is as follows,

  • BSI=100 means business sentiment is unchanged
  • BSI>100 means business sentiment has improved
  • BSI<100 means business sentiment has worsen

 

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