esi – Albanian  Telegraphic  Agency. https://en.ata.gov.al News Agency Mon, 03 Jul 2023 15:21:50 +0000 en-US hourly 1 Albania’s Economic Sentiment Indicator up by 0.8% in June https://en.ata.gov.al/2023/07/03/albanias-economic-sentiment-indicator-up-by-0-8-in-june/ https://en.ata.gov.al/2023/07/03/albanias-economic-sentiment-indicator-up-by-0-8-in-june/#respond Mon, 03 Jul 2023 15:21:50 +0000 http://en.ata.gov.al/?p=209709 TIRANA, July 3 /ATA/ – The Economic Sentiment Indicator (ESI) rose by 0.8% in June, according to the latest Bank of Albania’s Business and Consumer Confidence Survey.

The rise in the ESI aggregate indicator resulted from the higher confidence across the sectors of industry, construction and trade coupled with the improved consumer confidence.

The Industry  Confidence  Indicator  (ICI)  rose  by  1.2  percentage  points  in  June  2023, mainly driven by the optimistic appraisals on order books, mainly from exports. Meanwhile, businesses operating in these sectors have decreased their expectations on both production and employment for the future. Their selling price expectations for the future have maintained the upward trend in the recent months.

Construction Confidence Indicator (BCI) edged up by 2.2 percentage points in June, hitting the    historical high. The  BCI’s  surge  recorded  in  June  was  driven  by  the  higher  assessments  of  businesses  on  both their  current  activity  in  construction  and  the  level  of  current  order books.  Businesses operating in construction revised up the expectations for employment and selling prices.

Trade  Confidence  Indicator  (TCI)  continued  on  the  same  upward  trend,  by  around 0.7 percentage points.

Services  Confidence  Indicator  (SCI)  was the only indicator to shrink by 1.6% in June, although SCI stands around 27.5 percentage points above  the  long-term  average,  recording  one  of  the  highest  historical  values.

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]]> https://en.ata.gov.al/2023/07/03/albanias-economic-sentiment-indicator-up-by-0-8-in-june/feed/ 0 Albania’s Economic Sentiment Indicator at all time high rate in April https://en.ata.gov.al/2023/05/02/albanias-economic-sentiment-indicator-at-all-time-high-rate-in-april/ https://en.ata.gov.al/2023/05/02/albanias-economic-sentiment-indicator-at-all-time-high-rate-in-april/#respond Tue, 02 May 2023 19:15:04 +0000 http://en.ata.gov.al/?p=204530 TIRANA, May 2 /ATA/  – The Economic Sentiment Indicator (ESI) rose by 1.1% to 114.6 points in April, according to the latest Bank of Albania’s Business and Consumer Confidence Survey.

The ESI value recorded another high historical level, standing 14.6 points above the long-term average. The growth of the ESI was driven by the higher confidence across the industry, construction and trade sector and the improved consumer confidence.

Industry  confidence  indicator  (ICI)  rose  by  3.8  percentage  points  in  April,  mainly on the back of positive assessments on current production and order books. Its  current  level  stands  16.1  percentage  points  above  the  historical  average. Enterprises  operating  in  this  sectors  have  improved  their  expectations  on  production  and  employment  for  the  future.  The  prices  that  these businesses will set in the future are not expected to change.

Construction Confidence Indicator (BCI) rose slightly by 0.4 percentage points in  April,  registering  another  historical  average.  This  indicator  stands  28.7  percentage points above the long-term average . The rise recorded this  month  was  affected  by  mainly  the  higher  assessments  of  businesses  on  their current order books. Businesses revised down expectations for prices in the future.

rade Confidence Indicator (TCI) increased by 1.2 percentage points in April, impacted mainly by quite optimistic assessments on the current performance of the business. Employment expectations increased this month, even to a higher degree than the first component. The current level of TCI stands 12.4 percentage points above the historical average.

The Consumer Confidence Index (CCI) continued on the same upward trend of the past several months, rising by 2.1 percentage points in April. Its current level  has  exceeded  the  historical  average  by  2.2  percentage  points.  The  improvement of the CCI was determined by better expectations regarding the overall  economic  and  financial  situation,  as  well  as  major  purchases  in  the  future. Expectations on the overall future price and employment have been revised upwards.

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]]> https://en.ata.gov.al/2023/05/02/albanias-economic-sentiment-indicator-at-all-time-high-rate-in-april/feed/ 0 Albania’s Economic Sentiment Indicator falls by 1.8 points in September https://en.ata.gov.al/2021/10/07/albanias-economic-sentiment-indicator-falls-by-1-8-points-in-september/ https://en.ata.gov.al/2021/10/07/albanias-economic-sentiment-indicator-falls-by-1-8-points-in-september/#respond Thu, 07 Oct 2021 12:23:20 +0000 http://en.ata.gov.al/?p=162652 TIRANA, Oct 7 /ATA/ –  The Economic Sentiment Indicator (ESI) fell by 1.8 points to 107.6 in September, according to the latest Bank of Albania’s Business and Consumer Confidence Survey.

The downward trend started in August 2021, after a significant increase recorded the first seven  months of 2021.

Central bank said the current level of ESI stands 7.6 points above the long-term average despite its fall in the last two months. The fall of confidence in the sectors of construction and services determined the decrease of ESI. On the other hand, confidence in the sectors of industry and trade, along with consumer confidence, improved in September.

According to central bank, the Construction Confidence Indicator (CCI) dropped by 6.4 percentage points in September, contrary to its positive trend in the last months. This fall reflected the assessments of businesses for a lower level in construction activity and current order books.

Services Confidence Indicator (SCI) fell by 4.2 percentage points, after the increase experienced for several months.

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