Business Outlook Survey

Business Sentiment Indices

BSIs presented in this table are realised numbers while the numbers given within parenthesis show the respondent’s expectations of the next quarter during the current quarter.

Business Sentiment Index (BSI)  2015 2016 2017  2018
Q3 Q4 Q1 Q2 Q3 Q4  Q1 Q2 Q3 Q4 Q1
Business condition
(Level)
111   122  105  86  102  102  95  85  95  97  -
 (123)  (135)  (121)  (101)  (99)  (119)  (106)  (106)  (99)  (107)  (107)
Profitability 
(Q-o-Q)
 106  112  79  68  107  93  81  74  79  92  -
 (119)  (117)   (100) (97)   (96)  (114)   (92)  (98)  (104)  (109)  (108)
Skilled Labour Availability 
(Y-o-Y)
 100  76  98  87  87  95   92  90  89  97  -
 (84)  (107)  (86)  (88)  (94)  (95)  (102)  (94)  (91)  (89)  (99)
Demand 
(Y-o-Y)
 129  146  116  105  129  123  132  116  110  108  -
 (147)  (149)  (137)  (132)  (126)  (140)  (126)  (138)  (132)  (134)  (137)
Sales 
(Y-o-Y)
 142  142  118  117  123  125  127  116  114  114  -
 (144)  (152)  (138)  (128)  (132)  (133)  (125)  (120)  (135)  (131)  (136)
Capacity Utilization 
(Y-o-Y)
 138  124  121  119  124  121  131  117  114  120  -
 (137)  (155)  (126)  (137)  (123)  (130)  (127)  (134)  (130)  (126)  (126)

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 entrepreneurs’ 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 4th quarter of 2017, which was carried out during 18th December 2017 to 18th January 2018, 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 

Interpretation 

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