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Economic Sentiment Indicator falls in September – Central Bank

TIRANA, Oct 7 /ATA/ – The Economic Sentiment Indicator (ESI) fell by 1.9 % in September, mainly because of the effects of the war in Ukraine,  according to the latest Bank of Albania’s Business and Consumer Confidence Survey.

According central bank data, the Economic Sentiment Indicator showed a downward trend for the third consecutive month, mainly reflecting the negative impact of the rising prices on Albanian businesses and consumers.

The fall in Economic Sentiment Indicator reflected the decrease in confidence across the sectors of construction and services, as well as deterioration of the consumers’ confidence.

On the other hand, the confidence indicator across the sectors of industry and trade slightly improved in September.

/r.e/u.sh/

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