Business confidence survey in Cyprus, March, 2020
For that indicator, Eurostat provides data for Cyprus from May 2002 to March 2020. The average value for Cyprus during that period was -0.84 points with a minimum of -48.43 points in April 2013 and a maximum of 24.62 points in August 2007.
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Definition: The business survey indicator provides information on the amount of optimism or pessimism that business managers feel about the prospects of their companies, based upon opinion surveys on developments in production, orders and stocks of finished goods and the general economic situation of the company. It can be used to monitor output growth and to anticipate turning points in economic activity.