Providers of business services anticipate turnover decline

In June, business services providers anticipating turnover growth during the next three months were outnumbered by those anticipating a decline. The index stood at -5 in June versus +15 in May. In June and July, the number of business services providers expecting a decline is usually higher, possibly due to seasonal variation. 

Providers of business services were also more pessimistic about future employment in their sector than in May. The number of business services providers expecting employment to fall was higher than those anticipating staff expansion. In the previous month, both groups balanced each other out.

Just like in May, the number of business services providers expecting an increase in selling prices was about the same as those expecting price drops. Providers of business services were slightly more optimistic about the economic climate in June than in May.

Expected turnover business services

More figures can be found in dossier Business cycle.