Index reveals business health levels in the South African economy
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The lowering of lockdown restrictions helped ease the pace of decline in businesses’ health, according to new insight from Experian South Africa.
Experian’s quarterly Business Debt Index (BDI) for quarter four (Q4) 2020 reflects the level of health of businesses in the economy, which has continued to improve as restrictions ease. The BDI improved for a second consecutive quarter in Q4 of 2020, to -0.864, from -1.401 in Q3 and a heavy depressed -3.727 in Q2.
Jaco van Jaarsveldt, chief decision analytics officer at Experian Africa said the economy was already in recession before the onset of the Covid-19 crisis. This is reflected in the negative readings for the second half of 2019 and Q1 of 2020.
Apr 8, 2021
The easing of lockdown restrictions helped ease the pace of decline in businesses’ health, according to new insight from Experian South Africa.
Experian’s quarterly Business Debt Index (BDI) for quarter four (Q4) 2020 reflects the level of health of businesses in the economy, which has continued to improve as restrictions ease. As predicted, the BDI improved for a second consecutive quarter in Q4 of 2020, to -0.864, from -1.401 in Q3 and a heavy depressed -3.727 in Q2.
Jaco van Jaarsveldt, Chief Decision Analytics Officer at Experian Africa says the economy was already in recession before the onset of the Covid-19 crisis. This is reflected in the negative readings for the second half of 2019 and Q1 of 2020.