@article{Jeseph:243925,
      recid = {243925},
      author = {Jeseph, Mawejje and Paul, Lakuma},
      title = {Low inflation, consumer confidence sustain favourable  business conditions},
      address = {2014-09},
      number = {678-2016-46696},
      series = {BCI},
      pages = {4},
      year = {2014},
      abstract = {The Uganda business climate continued to improve. The  index for the current quarter (July - September 2014) is  117.2 and has improved by 24.2 points on a year-on-year  basis and by 13.5 points on a quarter-on-quarter basis. The  rise in the index suggests continued favourable conditions  for doing business in Uganda. The continued improvement in  the business climate was driven largely by: low inflation  which ensured favourable input and product prices and  stronger consumer confidence, which in turn drove business  expectations of improved profitability. Despite these  positive sentiments, production capacity remained well  below potential thus constraining labour demand to a  significant degree. Indeed, both indices for capacity  utilization and employment improved only modestly  indicating underlying risks to business expansion and  employment creation. Business perceptions and expectations  for the next quarter (October – December 2014) remain  favourable on account of expected continuity in price  stability. However, persistent challenges due to  electricity outages, access to finance and the  proliferation of substandard and counterfeit products pose  serious risks for doing business.},
      url = {http://ageconsearch.umn.edu/record/243925},
      doi = {https://doi.org/10.22004/ag.econ.243925},
}