Albania's economic confidence index falls in Sept - c-bank

13 Tetor 2022, 11:05Economy TEMA

Albania’s economic confidence indicator fell by 1.9 percentage points (pp) to 102.2 in September, the central bank said.

The economic confidence indicator in September was influenced by the decrease of confidence in the construction, services and consumer sectors, Bank of Albania said in a monthly survey last week.

The construction confidence indicator was down 5.3 pp month-on-month in September, whereas the consumer confidence indicator fell 3.1 pp.

The services confidence indicator was down 3 pp in the month under review.

The industry confidence indicator rose 1 pp in September compared with August. The trade confidence indicator also increased 1 pp in the month under review.

Bank of Albania is carrying out the surveys of businesses and consumers since 2002. Starting from May 2021, the frequency of the survey was changed from quarterly to monthly. (Seenews)

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