In a degraded health context and while various restrictions were applied over the period, the business climate indicator measured by Iédom has clearly progressed in Reunion. He gains 6 points and stands at 112, well above its long-term average (100). The business leaders interviewed, overall, noticed an improvement in their activity, but also their cash flow level and payment deadlines. Household consumption indicators confirm vigorous growth over the quarter. Payments by bank card increased by 8% compared to the same period of 2019 and by 18% compared to the 2nd quarter of 2020., confinement period. The job market also continues to improve. The number of employees increased by 1,4% between March and June 2021 (+2,300 jobs) and the number of job seekers registered with Pôle emploi is decreasing. However, fears about supply difficulties and freight costs are strong. “These concerns, as well as the recent deterioration of the health situation in Reunion, are not currently reflected in business prospects or investment intentions, which remain well oriented », wrote Iédom on September 13.
The economic situation improved in the 2nd quarter
