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Albania's economic confidence index falls in Feb

Mar 4, 2024, 1:52:07 PMArticle by Genta Hodo
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March 4 (SeeNews) - Albania’s economic confidence index decreased to 104.6 in February from 107.6 in January, the central bank said on Monday.

Albania's economic confidence index falls in Feb
Photo: SeeNews

Decreased confidence in industry, services and trade contributed to the fall, Bank of Albania said in a monthly business and consumer confidence survey.

The industry confidence indicator dropped 8.6 pp in February, whereas the construction confidence indicator rose 6.8 pp.

The services confidence indicator fell 2.2 pp in February to stand 6 pp above its historical average. The trade confidence indicator decreased with 10 pp, remaining nearly flat compared to the historical average.

The consumer confidence index decreased 0.8 pp, standing a few inches above its historical average.

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