Business services providers less optimistic about future turnover
In November, business services providers anticipating turnover growth in the next three months outnumbered those anticipating a downturn. At +18, the index was lower than in October (+29).
Providers of business services were more pessimistic about future employment in their sector than in the preceding month. A net 14 percent expect to have to cut back on staff in the coming three months.
Business services companies were equally pessimistic about the economic climate in November as in October. The number of companies in this branch expecting prices to increase in the next three months outnumbered those expecting a decrease in prices.
Turnover in the sector business services may be affected by seasonal variation. These effects have not been taken into account.