Quarter on quarter, prompt payments fell by 2.26 percentage points to 49.44% in 2Q19 from 51.70% in 1Q19. Year on year, prompt payments decreased by 0.11 percentage points from 49.55% in 2Q18 to 49.44% in 2Q19.
Slow payments inched up 0.51 percentage points from 36.59% in 1Q19 to 37.10% in 2Q19. Year on year, slow payments decreased 0.08 percentage points from 37.18% in 2Q18 to 37.10% in 2Q19.
Meanwhile, partial payments rose by 1.74 percentage points from 11.71% in 1Q19 to 13.45% in 2Q19. Year on year, partial payments inched up by 0.18 percentage points from 13.27% in 2Q18 to 13.45% in 2Q19.
From a sectoral perspective, q-o-q slow payments have deteriorated across three industries. The manufacturing sector saw the largest increase in slow payments.
