Small and medium Indian businesses show cautious optimism for Q3 2024, with a 0.2% increase in ASSOCHAM-Dun & Bradstreet's Small Business Confidence Index.

Small and medium Indian businesses show cautious optimism for Q3 2024, according to ASSOCHAM-Dun & Bradstreet's Small Business Confidence Index. The index, measuring factors like sales, employment, prices, inventory, and investment, increased 0.2% from Q2 2024. Despite steady sales and credit availability, profitability and new investment optimism are slowing due to higher production costs and stagnant selling prices. Businesses are consolidating gains and waiting for new momentum.

August 23, 2024
5 Articles

Further Reading