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Lloyds Bank Business confidence measure hits second-highest level of 2023: 39% (prior 36%)

Lloyds Bank Business Barometer data for October 2023:business confidence grew in October to 39% after a drop in September at 36%October rose to its second-highest level of 2023"However, our data shows that firms are still safeguarding their profit margins in response to the possibility of interest rates remaining high, wage increase pressures, and the prospect of higher energy prices again this winter," Pricing expectations rose for a third month in a row to hit a new high for 2023 with 62% o... Read More

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Posted: Oct 31 2023, 00:20

Author Name: forexlive

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