Confidence Weakened Mildly in Industry and Services |
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27.03.2012
Manufacturing confidence retreated slightly in March. Stocks of finished products rose while order books stayed unchanged. Construction confidence gained some points on March. The latest figure is 0 (-4 in February). The indicator is slightly above its long-term average -5.
Service confidence declined in March after a rise in February. The latest outcome is +14 points (revised fi gure +18 in February). The long-term average is +17. Sales assessments have remained positive, but views about the current economic situation have deteriorated slightly.Retail trade confidence stayed almost unchanged in March. It scored +16 points (+15 in February). Its long-term average is 0 points. Sales volume continued to rise and a steady growth is expected, too.
Confidence Indicators, March 2012 (pdf)
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