Policy Uncertainty Index improves to 53.2, but remains in negative territory

The North-West University Business School’s Policy Uncertainty Index (PUI) for the fourth quarter of 2022 eased to 53.2 points down from the 59.6 recorded in the third quarter, but it remains in negative territory above the 50-point baseline. Nevertheless, the positive factors in the fourth quarter outweighed the negatives to significantly reduce the fourth-quarter PUI.