EFL: mood among SMEs improving in Q2

The mood in the SME sector improves in the second quarter of 2024, according to the latest EFL Barometer. The main index for the first quarter of 2024 stands at 52.6 points, which is 0.1 points higher than the previous quarter and 4.9 points higher year-on-year. The Barometer reading for the second quarter of 2024 is reassuring and hopeful. For several years, predicting the next quarter's result has been challenging, often resulting in negative surprises. However, there's now a sense of stabilization among entrepreneurs, with small but consistent increases observed over several quarters, likely linked to socio-economic calming in the country, influencing respondents' opinions positively.