Business Perceptions Strengthen Amidst Improved Economic Activity
Private Sector Sentiment remained optimistic in Q2 FY2024/25, as reflected in the Business Tendency Index (BTI), which stayed above the 50-mark threshold. The BTI increased from 58.4 in Q1 FY2024/25 to 59.0 in Q2 FY2024/25, signaling growing confidence in business conditions. Similarly, the Composite Index of Economic Activity (CIEA) rose by 1.3%, from 165.4 in Q1 to 167.5 in Q2 FY2024/25, driven by growth in coffee exports and higher private sector credit, which supported economic activities during the quarter.