The favorable assessment is part of the Economic Outlook Survey and reflects the perspectives of business leaders in trade, tourism, construction, manufacturing, and transportation.
In addition to registering a year-on-year increase, the indicator has followed an upward trend since the start of the year.
Absenteeism and labor shortages are among the main obstacles cited by most sectors.
The Economic Climate Indicator is based on a survey of entrepreneurs about the general situation of their companies, the behavior of some significant variables, and their expectations.
Tourism has been the economic engine of Cape Verde, buoyed by the expansion of air routes with Europe, thereby boosting other sectors of activity.
