GKI: the growth of the sentiment index stopped in February

After a three-month increase, the improvement of the GKI sentiment index has stopped in February. The business expectations have not changed, while the consumer expectations deteriorated slightly. The index fluctuates in a relatively narrow range for about three years – the GKI Economic Research Co. said.

According to the study prepared with the European Union’s support, the sentiment index worsened to 0.1 points, from the 0.2 points of January, while the business confidence index rose to 4.5 points from 4.4 points. The consumer confidence index declined to minus 12.4 points from minus 11.7 points in February. (MTI)