Confidence in retail trade and construction sectors increased in December while fell in services sector
Services confidence index realized as 93.3...
Seasonally adjusted confidence index which was 96.78 for services in November decreased by 3.5% in December to 93.35. This decrease in the services confidence index stemmed from the decreased number of managers evaluating "business situation" as improved and "demand-turnover" as increased over the past three months plus expecting an increase in "demand-turnover" over the next three months.
In services sector; business situation, demand-turnover and demand-turnover expectation indices decreased by 4%, 4.6% and 2.3% respectively compared to the previous month.
Retail trade confidence index realized as 96.1...
Seasonally adjusted retail trade confidence index increased by 0.1% in December to 96.13. This increase in the retail trade confidence index resulted from the increased number of managers evaluating improved "business activity-sales" over the past three months and "current volume of stock" as below normal for the season. The number of managers expecting an improvement in "business activity-sales" over the next three months decreased.
In retail trade sector; business activity-sales and current volume of stock indices increased by 5.4% and 0.4% respectively while business activity-sales expectation index decreased by 4.7% compared to the previous month.
Construction confidence index realized as 76.1...
Seasonally adjusted construction confidence index which was 75.75 in previous month increased by 0.5% in December to 76.15. This increase stemmed from the increased number of managers expecting an increase in "total employment" over the next three months. The number of managers evaluating "current overall order books" as above normal for the season decreased.
In construction sector; total employment expectation index increased by 4% while current overall order books index decreased by 4.3% compared to the previous month.