GKI consumer confidence index fell sharply in November

GKI’s economic sentiment index declined slightly in November. Business expectations continued to strengthen, whereas consumer ones weakened. According to a survey con-ducted by GKI with the support of the EU, business expectations are at a two-and-a-half-year high. Consumer expectations, on the other hand, fell at a rate rarely seen in a single month, bringing them back to their spring levels. All players in the economy expect pric-es to rise.