2Q2022 Vistage-MIER CEO Confidence Index: Tempered confidence
MALAYSIA’s transition to the endemic phase of the Covid-19 pandemic in May, with the reopening of international borders, is providing somewhat tempered cheer to CEOs, as global economic headwinds related to geopolitical tensions and supply chain disruptions, including the emergence of new Covid-19 variants, remain challenging. After two consecutive quarters of increase, the Vistage-MIER CEO Confidence Index (CCI) lost 4.4 points on the quarter in 2Q2022 to 117.7, an indication of CEOs’ lower, but sustained, confidence in the economy and prospects of their firms going forward.
Source: theedgemarkets.com