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Trade Confidence Indicator /Business performance up 8.6 % in Q1, 2021

TIRANA, April 9 /ATA/ – Consumers and business community sound optimistic about business’ positive performance during first quarter of 2021, according to the Bank of Albania’s quarterly Business and Consumer Survey.

Central bank said that the Trade  Confidence  Indicator (TCI)  increased  by  5.4  percentage  points  during  the  first  quarter, resulting above  its  historical average.

According to central bank, improvement in TCI was mainly attributed to the increase in the balance of business performance by 8.6%.

Other ITC components rose during this period too.

“The balance of expectations for employment over the next three months rose by 2.2 percentage points. Other balances of the survey, such as the financial situation, employment and expectations for  the business situation over the next three  months,” Bank of Albania said.

/a.a/r.e/u.sh/

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