GKI’s business cycle index is close to its peak again

GKI’s business cycle index again approached its September historic peak in November. Business expectations slightly improved, and consumer expectations fell within the margin of error – the GKI Economic Research Co. told MTI.

According to the survey carried out with the support of the European Union, the growth index rose from 4.2 points in October to 5.0 points, while the business confidence index increased from 10.5 to 11.7 points. Theconsumer confidence declined from minus 13.8 to minus 14.2 points within a month. (MTI)