The cyclical trends of the Institute for the issue of Overseas Departments for the 4th quarter 2024 reflect a gloomy atmosphere.
The business climate indicator, which synthesizes the opinion of business leaders questioned, drop to 94,4 (-1,2 point). "He has been playing below his long period of time since four consecutive quarters, suggesting that the economy is struggling to regain its dynamism ", comments Iédom. Reunional household consumption remains low, in particular with regard to goods. Business leaders in the trade sector responding to the economic investigation continue to declare a strong deterioration in their activity for the fifth consecutive quarter. The number of new vehicles registration is down 15,9 % in annual shift, imports of sustainable consumer goods fell from 8,6 % in the quarter. In parallel, household financial vulnerability remains high. 1,709 files were submitted to the IDEDOM over -indebtedness committee (+28,8% over one year, +32 % compared to 2019, last year of reference outside health crisis).
