optimism regarding future growth prospects has been improving since June, after being low during the early days of the pandemic.
The business optimism levels improved to 61.4% during the three months between June and August, compared to 45.3% witnessed between March and May.
Respondents who were pessimistic about their future growth prospects reduced to 24.11%, on an average, during the three-month period from June to August, from 32.74% during the March to May period.On average, 52.37% of the respondents expressed optimism over the six months between March and August, while 28.42% of the respondents were pessimistic.