{"id":2164,"date":"2021-07-09T17:36:25","date_gmt":"2021-07-09T17:36:25","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/?p=2164"},"modified":"2021-07-09T15:05:36","modified_gmt":"2021-07-09T15:05:36","slug":"mozambique-business-confidence-indicator-retreats-in-may","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-business-confidence-indicator-retreats-in-may","title":{"rendered":"Mozambique: Business Confidence Indicator retreats in May"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong><a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a> &#8211; <a href=\"https:\/\/www.africa-press.net\/mozambique\">Mozambique<\/a>. <\/strong><\/span>The Mozambican Economic Climate Indicator (ICE), which measures business confidence, recorded \u201ca slight decrease in May\u201d compared to the previous month, the Mozambican National Institute of Statistics (INE) announced this Thursday (July 8).<\/p>\n<p>The index dropped from 87.3 to 86.3 points, in a context in which economic fluctuations are still linked to the evolution of the Covid-19 pandemic and restrictions associated with the respective prevention measures.<\/p>\n<p>The variation reflects an \u201cunfavourable situation influenced by the low prospects for demand and employment, with greater emphasis on the employment prospects that registered a substantial decrease in the reference period,\u201d the INE writes.<\/p>\n<p>In sectoral terms, the unfavourable assessment of the economic climate in May was mainly in the sectors of \u201cother non-financial services, commerce, accommodation, restaurants and similar, as well as transport and storage\u201d.<\/p>\n<p>\u201cTogether they surpassed the remaining sectors targeted by the survey, which registered slightly favourable appreciations in the same reference month,\u201d the INE adds.<\/p>\n<p>The ICE is part of the bulletin of Confidence and Economic Climate indicators, a monthly publication based on an INE survey of companies in the non-financial sector.<\/p>\n<p>\u201cThe study expresses the opinion of economic agents about the evolution and perspective of their activity, particularly on employment, demand, orders, prices, production, sales and activity limitations,\u201d Mozambique\u2019s statistical authority explains.<\/p>\n<p>Since June, Mozambique has been experiencing an acceleration in the number of infections and deaths caused by Covid-19, entering a third wave that the government admits may eventually deplete the supply of oxygen and availability of beds in some provinces.<\/p>\n<p>Mozambique had by Wednesday reported a cumulative total of 934 Covid-19 deaths from among its 83,485 cases, with 86% accounted fully recovered.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Mozambique. The Mozambican Economic Climate Indicator (ICE), which measures business confidence, recorded \u201ca slight decrease in May\u201d compared to the previous month, the Mozambican National Institute of Statistics (INE) announced this Thursday (July 8). The index dropped from 87.3 to 86.3 points, in a context in which economic fluctuations are still linked to [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":2163,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[233,281,283],"class_list":["post-2164","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-mozambique","tag-mozambique"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Mozambique: Business Confidence Indicator retreats in May - Mozambique<\/title>\n<meta name=\"description\" content=\"The Mozambican Economic Climate Indicator (ICE), which measures business confidence, recorded \u201ca slight decrease in May\u201d ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-business-confidence-indicator-retreats-in-may\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mozambique: Business Confidence Indicator retreats in May\" \/>\n<meta property=\"og:description\" content=\"The Mozambican Economic Climate Indicator (ICE), which measures business confidence, recorded \u201ca slight decrease in May\u201d ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-business-confidence-indicator-retreats-in-may\" \/>\n<meta property=\"og:site_name\" content=\"Mozambique\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-09T17:36:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2021\/07\/img-60e865a88ccb3.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"825\" \/>\n\t<meta property=\"og:image:height\" content=\"510\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-business-confidence-indicator-retreats-in-may#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-business-confidence-indicator-retreats-in-may\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Mozambique: Business Confidence Indicator retreats in May\",\"datePublished\":\"2021-07-09T17:36:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-business-confidence-indicator-retreats-in-may\"},\"wordCount\":280,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-business-confidence-indicator-retreats-in-may#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2021\/07\/img-60e865a88ccb3.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mozambique\",\"Mozambique\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-business-confidence-indicator-retreats-in-may#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-business-confidence-indicator-retreats-in-may\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-business-confidence-indicator-retreats-in-may\",\"name\":\"Mozambique: Business Confidence Indicator retreats in May - 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