TIRANA, Dec 8 /ATA/ The construction confidence indicator (CCI) pursued its upward trend in November, reaching an all time high in the last five years.
The Bank of Albania published the Business and Consumer Confidence Survey, according to which, the confidence indicator in the construction sector (CCI) increased by 6.3% in November, compared to the previous month.
The increase in the indicator mainly reflected the optimistic outlook of businesses for current orders.
According to the survey, businesses also assessed construction activity as improving in recent months.
“Increase was also noted in the expectations for the level of employment and prices in the future”, the BoA announces.
Construction in our country is an important sector in the country’s economy.
Last year, this sector was also re-launched by the Post-Earthquake Reconstruction Programme, the largest ever implemented in our country, which has engaged 175 small, medium and large companies.
While the Reconstruction process, also engaged a high number of labour force, marking an increase of 5% of employees in the construction sector.
/r.e/sm/
