GKI business expectations improved slightly in October, while consumer expectations deteriorated

By: Trademagazin editor Date: 2020. 10. 26. 11:50

GKI’s economic index improved slightly in October, but still did not reach its level in July, business expectations moved in a positive direction, while retailers have been deteriorating for the fourth month in a row – the GKI Economic Research told MTI.

According to a survey conducted by the GKI with the support of the European Union, the GKI’s business climate index strengthened by 0.5 points to minus 18.8 points in October, bringing the index to almost exactly half of its fall in April. The consumer confidence index deteriorated by 3.1 points to minus 34.2 points in October, while the business improved by 1.7 points to minus 13.4 points compared to September. (MTI)