Sectoral confidence declined in services while increasing in retail and construction in October

The seasonally adjusted confidence index in October compared to the previous month decreased by 2.4 percent in the services sector to 112.5, increased by 1.1 percent in the retail trade sector to 112.5, and increased by 0.4 percent in the construction sector to 83.3.

In the services sector in October compared to the previous month, business status over the past three months decreased by 3.1 percent, demand for services over the past three months decreased by 3.5 percent, and expectations for demand for services over the next three months decreased by 0.7 percent.

In the retail trade sector, business volume-sales over the past three months increased by 6.2 percent and the current level of goods stock increased by 1.2 percent, while expectations for business volume-sales over the next three months dropped by 3.4 percent. In the construction sector, the current level of registered orders received increased by 0.4 percent and expectations for total number of employees over the next three months increased by 0.4 percent.