New issue of Business Barometer for December 2017


The Vojvodina Development Agency has taken over the implementation of an instrument called Business Barometer of Vojvodina Economy which was created in 2010 by The Centre for Strategic Economic Studies “Vojvodina—CESS” in cooperation with the Vienna Institute for International Economic Studies (WIIW).

Business Barometer represents an analysis of subjective opinions of entrepreneurs on current and future state of the economy, which helps to determine a pattern of economic changes and create a framework for forecasting and directing economic activities in the future.

When analysed by individual sectors, a positive current business climate and expectations of future business are observed in Manufacturing, Agriculture, forestry and fishery, Construction and Information and communication. Observed at the aggregate level, the surveyed entrepreneurs in the AP Vojvodina expect positive business results in the next six-month period, based on their attitude that positive business activities with foreign clients will be established, the selling prices of their products and services will increase and that in the following year there will be no significant changes, when it comes to the number of employed persons at the level of their enterprises.

The last edition of The Business Barometer can be downloaded here.