Business owners cautious about the future

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Business owners cautious about the future
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Entrepreneurs see something less gloomy for the coming three months when it comes to their own business, shows SEB's entrepreneur indicator.

The proportion who believe in a negative development decreased from 13 to 11 percent, compared to the previous month, while the proportion who believe in a positive development also decreased slightly, from 27 to 26 percent. The proportion who believe in an unchanged development increased from 57 to 60 percent.

The indicator thus lands at 15, one unit higher than last month, and an increase for the second month in a row. But the development over the past six months is essentially unchanged, notes the bank's private economist Américo Fernández.

"The increase should therefore be taken with some caution and not as a signal that entrepreneurs see a shift in the economic situation in the short term", he says in a press release.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers

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