The GKI’s economic growth index fell to its lowest point

The GKI Economic Growth Index fell to its lowest point in August after the July peak. The business and consumer expectations have deteriorated, but they continue to reflect optimism, GKI Economic Research Co. told MTI.

Based on a survey conducted by the support of the European Union, the economic growth index fell from the 10.5 points of July to 6.7 points. The business confidence index fell to 13.3 points from July’s 17.3 points, while the consumer confidence index deteriorated from minus 9.0 to minus 12.2 points. (MTI)