Index still at low level despite first improvement since Q2 2024

The ACCA and IMA Global Economic Conditions Survey (GECS) showed improving global confidence in Q2 2025, with the index reaching its highest since Q3 2024. That said, confidence among accountants is still at a low level by historical standards.

The New Orders and Capital Expenditure indices both declined modestly, although the former is at its historical average and the latter not much below. Meanwhile, the Employment Index improved and is not that far below its historical average.