IHS Markit Business Outlook Survey - July 2017

Global confidence joint-highest in three years

• Brighter prospects evident in Japan, US and India
• UK business optimism plunges to lowest since late-2011
• Sentiment weakens in Germany, Italy and France, while Spain remains upbeat
• Brazil and Russia register falls in confidence

UK business confidence lowest since October 2011 

• Business optimism falls in June, led by weakest service sector confidence for seven years
• Manufacturers outperform again, with capex intentions among the highest since 2014
• Worries about input cost inflation ease from peak seen in February 2017

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26th July 2017

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