In October 2024, the total business climate indicator decreased by 5.6 percentage points compared to September, dropping from 22.5% to 16.9%. The index declined in all monitored sectors, the National Statistical Institute announced. In industry, the indicator decreased with 5 percentage points, from 18.3% to 13.3%, due to more negative assessments and expectations from entrepreneurs regarding a reduction in orders, exports and production activity over the next three months.
In construction, the indicator decreased by 2.2 percentage points from 23.4% to 21.2%. The sector also anticipates a contraction in orders.
In retail trade, the indicator decreased by 11.6 percentage points, from 35.2% to 23.6%.
In the services sector, it decreased by 3.8 points, from 17.2% to 13.4%.
Common problems in all sectors are the uncertain economic environment, staff shortages and rising prices of consumables and raw materials.
The assets of private pension funds have reached EUR 13 billion. According to data from the Financial Supervision Commission, they have increased by more than 20% compared to the same period last year. As of September 30, 2024, the number of..
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