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Mixed expectations for businesses

Mixed expectations for businesses
BOB SURVEY SAYS: Business expect to improve for the first quarter going into the rest of the year

A Business Expectation Survey (BES) published at the end of December suggests local companies anticipate cost pressures will continue rising in the first quarter of 2022.

This comes on the backdrop of an expected increase in input costs (costs incurred to create a product or service, such as direct materials, direct labor, and factory overheads) due to the second-round effects of the upward adjustment in some administered prices in 2021.

In a mixed review, despite the concerns over cost pressures, the Bank of Botswana (BoB) survey further notes businesses ultimately expect conditions to ...

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