TIRANA, Oct 1 /ATA/ – Albania’s economic confidence index rose by 0.6 percentage points to 112.6 points in September 112 points in August, according to the central bank’s business and consumer survey.
According to the Survey, the current Economic Sentiment Indicator (ESI) stands around 12 percentage points above the historical average.
The ESI growth was mainly driven by the enhanced confidence among the sectors of industry, construction and services.
On the other hand, confidence in the trade sector was slightly down, while consumer confidence remained unchanged from the previous month.
Industry Confidence indicator (ICI) was up by 2.5 percentage points in September 2024, for the fourth month in a raw.
Its current level stands around 14 percentage points above the historical average. ICI picked up on the back of the more positive businesses’ appraisals for the current industrial production and the more optimistic expectations on the export order books form.
Businesses operating in industry sector have revised expectations on prices in the future upward compared to the previous month.
Construction Confidence Indicator (BCI) edged up by 1.2 percentage points in September 2024. Its level continues to stand above the historical average, by around 27 points.
Services Confidence indicator (SCI) increased by 3.1 percentage points in September 2024. Its indicator – despite the monthly fluctuations – stands above the historical average by 18 percentage points.
Trade Confidence indicator (TCI) inched down by 2.3 percentage points, after increasing by 6.1 percentage points one month ago.
Consumer Confidence Indicator (CCI) remained unchanged in September 2024 compared to a month earlier, standing 1.3 percentage points above the historical average.
/r.e/a.f/u.sh/
