site.btaBusiness Conjuncture Deteriorates in October

October 29 (BTA) - In October 2018,  the total business
climate indicator decreased by 1. 9 percentage points
month-on-month as a result of the more unfavourable conjuncture
in  the industry, retail  trade and service sector, the National
 Statistical Institute said on Monday.

The composite indicator 'business climate in industry' decreased
 by 2.4  percentage points mainly due to the reduced industrial
entrepreneurs' expectations about the business  situation of the
 enterprises over the next six months.

The composite indicator 'business climate in construction'
increased by 2.6  percentage points as a result of the improved
construction entrepreneurs' assessments about the present
business situation of the enterprises.

The composite indicator 'business climate in retail trade'
decreased by 2.5 percentage points which is due to the more
reserved retailers' expectations about the business situation of
 the enterprises over the next six months.

The composite indicator 'business climate in service sector'
decreased by  4.5  percentage points as a result of the more
unfavourable managers' assessments and  expectations about the
business situation of the enterprises. RY/PP