Central Bank: the business climate indicator dropped to 10.1 points in April

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AK&M 17 April 2024 14:10

The business climate indicator fell to 10.1 points in April from 10.6 points in March. The release estimates, both current and expected, have changed minimally. This is reported by the Central Bank.

Demand estimates have decreased somewhat, but remain near historical highs. The business climate indicator is still near the highest values in 12 years. This indicates a continued expansion of business activity.

Companies give record estimates of investment activity. Business price expectations increased in April for the first time since the beginning of the year.