Business Confidence Index Q1.24 Published

Demand is set to remain strong through the first quarter of 2024, following concentrated growth in the second half of 2023, but new risks give pause for thought with short-term export credit insurance claims growing.

Demand for short-term trade credit insurance continues to increase as more exporters seek coverage despite a slowdown in global goods trade. Medium and long-term enquiries also remain strong, driven by critical minerals, building on significant growth through the second half of 2023

Concerns arising from new economic reforms in Argentina and FX issues in indebted emerging economies; Middle East tensions and Red Sea disruptions prompt heightened vigilance among members.

Read the full report via the link below...