All six indices, including volume of sales, selling prices, new orders, inventory, employees and profits, have declined and three of the six indices are at a four quarter low and the fourth index is at a 14 months low. So it is bad news all around unfortunately
A quarterly study by Dun & Bradstreet indicates that the composite business optimism index for Q1 2013 is higher by about 4.3 percent compared to Q4 2012. Kaushal Sampat, President & CEO of D&B India believes a forward looking index certainly speaks volumes about the improved sentiment.
Kaushal Sampat of D&B India expects the investment cycle to see reasonable improvement towards the end of the current quarter. The following quarter will definitely witness substantial improvement, he says.
Kaushal Sampat, President and CEO of the research firm tells CNBC-TV18 that optimism has been dropping on all parameters including volume of sales, new orders, profits, inventory and also on employees. Hence, companies are not showing optimism on these fronts.
By Kaushal Sampat, President & CEO- India, Dun & Bradstreet