Crop destroying army worm caterpillars curtails improvement in the business environment
The Business Climate Index (BCI) improved by 5.07 percentage point to 93.05 during the January – March 2017 quarter from 87.97 in the October – December 2016 quarter. Despite this improvement, the conditions for doing business remain below potential. This is the seventh consecutive quarter that the BCI has indicated unfavourable business performance and is largely explained by poor performance of the agriculture sector.
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- Published Aug 8, 2017