bci 1st Quarter 2016

MANUFACTURERS REMAINED CAUTIOUS AT START OF 2016

  • BCI gains 5.8 points quarter-on-quarter, but loses 8.1 points year-on-year
  • Index remains below threshold level at 92.9 points
  • Higher sales, domestic orders, expected production and expected export sales
  • Lower production output, export orders, capital investment and capacity utilization
  • Near-term outlook is positive, production and orders to gain traction

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