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    Home»Business»Business confidence slips to 49.1 in September
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    Business confidence slips to 49.1 in September

    adminBy adminSeptember 14, 2026No Comments2 Mins Read
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    Business confidence slips to 49.1 in September
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    September 14, 2026 (MLN):Overall <a href="https://industrymovement.com/google-search-redesign-business-profile-post-views/” title=”Google Search Redesign, Business Profile Post Views”>Business Confidence
    Index (BCI) fell by 0.5 points to 49.1 in September 2026, the latest results of
    the Business Confidence Survey (BCS), conducted by the State Bank of Pakistan
    (SBP) in collaboration with the Institute of Business Administration (IBA),
    showed.

    The survey was conducted during September 01-11, 2026, with
    a total of 477 respondents, showing confidence declining across both the
    Industry and Services sectors.

    The BCI for the Industry sector eased by 0.3 points to 48.5,
    while the Services sector BCI slipped by 0.6 points to 49.3.

    The Current Business Confidence Index (CBCI), which shows
    general economic conditions over the past six months, eased by 0.2 points to
    46.5 in September 2026.

    The Expected Business Confidence Index (EBCI), which
    captures businesses’ outlook for economic and business conditions over the next
    six months, fell by 0.8 points to 51.7 in September 2026.

    The Purchasing Managers Index (PMI) rose by 2.7 points to
    53.2 in September 2026, remaining above the neutral threshold.

    Among its sub-components, Business Activity rose to 52.0,
    Total Employees increased to 50.1, Order Books climbed to 51.7, Raw Material
    Purchases edged up to 57.7, and Speed of Suppliers’ Delivery improved to 54.6  with all components of the PMI recording increases.

    Businesses’ inflation expectations inched up in September
    2026 to 7.7 at the aggregate level, up from 6.9 in the previous wave.

    The proportion of businesses expecting higher prices rose to
    69.8% from 68.9% in the previous wave.

    At the sector level, inflation expectations in the Industry
    sector rose from 67.8% to 69.5%, while the Services sector edged up from 69.9%
    to 70.1%.

    Employment sentiment was mixed in September 2026.

    The Current Employment Index fell to 48.9 from 50.1 in
    August, moving below the neutral mark. The Expected Employment Index improved,
    rising to 53.1 from 52.2 in August.

    The Average Current Capacity Utilization (ACCU) of the
    Manufacturing sector eased to 64.8% in September 2026 from 65.6% in the
    previous wave, changing only marginally.

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