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Business optimism moderates for Q4

But figures show outlook remains positive for sales volume, net profits, new orders, inventory and employment

Janice Heng
Published Tue, Sep 11, 2018 · 09:50 PM
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Singapore

BUSINESS sentiment has moderated slightly for the upcoming final quarter of 2018, ending the rising trend of the preceding three quarters, according to the latest quarterly Singapore Commercial Credit Bureau's (SCCB) Business Optimism Index released on Tuesday.

The overall index eased from +10.58 percentage points for Q3 2018, which was a three-year high, to +9.19 percentage points for Q4 2018. But compared to a year ago, this was up significantly from +2.60 percentage points for Q4 2017.

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