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Improving business, deteriorating consumer expectations
In July, the seasonally adjusted value of GKI’s economic activity index remained unchanged
The value of the GKI consumer confidence index increased sharply after the low point of April 2009 and the improvement continued until June 2010. The value of the index significantly exceeded the level before the outbreak of the recession, and was close to the high level of the 2006 elections. In July, however, the value of the confidence index fell below the values of May.
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