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business climate deteriorates further

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Economic activity continued to slow down in the second quarter of 2024, according to Reunionese business leaders interviewed by the Overseas Departments Emission Institute (Iédom).

They declared lower activity and workforce levels over the quarter and anticipate a continued deterioration in their activity and decline in their workforce in the third quarter.. Le solde des prévisions d’investissement à douze mois redevient également négatif. L’investissement des entreprises est également mal orienté, l’indicateur du climat des affaires recule de 4,8 points pour s’établir à 93, en deçà de la moyenne de longue période.

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