The survey, which was launched in 2009, asks chief executives or managing directors of private firms in Jersey for a snap shot of the previous three months and a short-term forecast for the next quarter.

Business leaders in Jersey’s finance sector expected an increase in activity and profitability over the next three months, according to Statistics Jersey.

Cost pressures are “more pronounced” in the non-finance sector, the survey found.

Firms reported they expected to see “continued increases in input costs and prices, and decreases in profitability”, according to the report.