GKI: business optimism is reflected in the business cycle index

In April, GKI’s business cycle index did not change, which continues to reflect strong business optimism, with significant deterioration in consumer expectations – the GKI Economic Research Co., told MTI.

According to a survey carried out with support from the European Union, the index of economic activity is the same as in March, the business confidence index increased from 4.7 points to 6.4 points, and the consumer confidence index deteriorated from minus 11.5 to minus 16.4 in April. (MTI)