Uganda Business Confidence Hits 16-Month Low

Trading Economics
2026.02.05 05:45
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Uganda's Business Tendency Index fell to 55 in January 2026, the lowest since September 2024, down from a revised 56.4 in December. Key sub-indices showed declines in present business situation, current employment, financial situation, access to credit, and order books. However, there were improvements in expected business conditions and order volumes. Confidence decreased in sectors like construction, manufacturing, agriculture, and financial services, while wholesale trade saw a slight increase.