TIRANA, June 7/ATA/The Economic Sentiment Indicator (ESI) rose in May of this year, for the sixth consecutive month, confirming the gradual improvement in the confidence of businesses and consumers in the growth of the country’s economy, the Bank of Albania (BoA) said on Monday.
The Bank of Albania reported today that, the Economic Sentiment Indicator-ESI increased by 3.3% compared to April remaining above the historical average.
According to BoA, in May this year, the trade confidence recorded a strong increase of 8.8%, mainly influenced by positive business assessments on sales performance.
In May, for the sixth consecutive month, the industry confidence indicator increased by 0.3%. This growth was influenced by positive business assessments on production level.
While, in May this year, the consumer confidence increased by 2.6% influenced by the best expectations of the overall economic situation, their future financial situation, the assessment on large purchases. //a.i/
