Providers of business services anticipate turnover increase

In August, business services providers anticipating turnover to grow during the next three months outnumbered those anticipating turnover to decline. The index stood at + 21 in August versus +7 in July. In June and July, the number of business services providers expecting a downturn is usually higher than in the rest of the year, possibly due to seasonal variation. This must be taken into account while comparing the figures of July and August.

Providers of business services were more optimistic about future employment in their sector than in July. Business services providers expecting to recruit staff marginally outnumbered those anticipating layoffs. In June and July it was just the opposite.

The number of business services providers expecting to increase their prices was clearly larger than the number expecting price drops. In the preceding months, both groups balanced each other out.

Temp job agencies were much more optimistic than other branches in the sector business services. They were particularly optimistic about future turnover and the economic climate.

Turnover in the sector business services may be affected by seasonal variation. These effects have not been taken into account.

Expected turnover business services

Expected turnover business services