The world’s largest quarterly survey of finance professionals suggests that global business confidence in Q4 2016 has dropped amid on-going political and economic uncertainty.
The final ACCA/IMA Global Economic Conditions Survey for 2016 was completed by over 4,500 finance professionals and business leaders worldwide during November and December 2016.
The results show that economic confidence dipped amid a rise in political and economic risks.
Exchange rate volatility is also high on the list of respondents' concerns. And weaker prospects in both OECD and non-OECD economies has also contributed to the decline in overall confidence. On a country level, confidence fell in China, Western Europe and the UK, and rose only slightly in the US.