In November 2021, the Business Confidence Index (BCI) in Australia reached 102.3 points. Around mid 2020 the index hit an unprecedented low, most likely triggered by the global coronavirus pandemic.
Business Confidence Index (BCI) in Australia from January 2015 to Nov 2021
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* Amplitude adjusted, long-term average = 100.
The business confidence index (BCI) is based on enterprises' assessment of production, orders and stocks, as well as its current position and expectations for the immediate future. Opinions compared to a “normal” state are collected and the difference between positive and negative answers provides a qualitative index on economic conditions.
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OECD. (February 25, 2022). Business Confidence Index (BCI) in Australia from January 2015 to Nov 2021 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/802657/australia-monthly-bci/
OECD. "Business Confidence Index (BCI) in Australia from January 2015 to Nov 2021." Chart. February 25, 2022. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/802657/australia-monthly-bci/
OECD. (2022). Business Confidence Index (BCI) in Australia from January 2015 to Nov 2021. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/802657/australia-monthly-bci/
OECD. "Business Confidence Index (Bci) in Australia from January 2015 to Nov 2021." Statista, Statista Inc., 25 Feb 2022, https://www.statista.com/statistics/802657/australia-monthly-bci/
OECD, Business Confidence Index (BCI) in Australia from January 2015 to Nov 2021 Statista, https://www.statista.com/statistics/802657/australia-monthly-bci/ (last visited July 22, 2024)
Business Confidence Index (BCI) in Australia from January 2015 to Nov 2021 [Graph], OECD, February 25, 2022. [Online]. Available: https://www.statista.com/statistics/802657/australia-monthly-bci/