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BoA: Business Confidence Indicator increased by 3.3% in manufacturing sector

TIRANA, June 9/ATA/ The manufacturing sector leads among other sectors of the economy, after business confidence rose to its highest level, giving a fresh perspective on faster economic development.

The Bank of Albania- BoA announced on Wednesday that, Business Confidence Indicator increased by 3.3% in manufacturing sector driven by productivity and employment growth.

“The confidence indicator in the industrial sector has improved for the sixth consecutive month, marking an increase of 0.3% in May this year,” the BoA said.

According to the Central Bank, in May of this year, the increase in the industrial confidence indicator was influenced by optimistic business ratings on the level of production. //a.i/

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