Services confidence index realized as 96.9
Seasonally adjusted confidence index which was 92.9 for services in February increased by 4.4% in March to 96.9. This increase in the services confidence index stemmed from the increased 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 increased by 4.1%, 3.5% and 5.5% respectively compared to the previous month.
Retail trade confidence index realized as 97.7
Seasonally adjusted retail trade confidence index decreased by 0.3% in March to 97.7. This decrease in the retail trade confidence index resulted from the decreased number of managers evaluating “current volume of stock” as below normal for the season and expecting an improvement in “business activity-sales” over the next three months. The number of managers evaluating improved “business activity-sales” over the past three months increased.
In retail trade sector; current volume of stock and business activity-sales expectation indices decreased by 1.5% and 1% respectively while business activity-sales index increased by 1.9% compared to the previous month.
Seasonally adjusted sectorial confidence indices, March 2017
Construction confidence index realized as 85.8
Seasonally adjusted construction confidence index which was 76.4 in previous month increased by 12.3% in March to 85.8. This upswing in the construction confidence index stemmed from the increased number of managers evaluating “current overall order books” as above normal for the season and expecting an increase in “total employment” over the next three months.
In construction sector; current overall order books and total employment expectation indices increased by 16.9% and 9.3% respectively compared to the previous month.
Seasonally adjusted sectorial confidence indices, sub-indices and the rate of changes,
March 2017
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