Growth of Central Bank's confidence index recorded – Decline in construction sector

12:49 - 31.05.2022


May 31, Fineko/abc.az. While the index of business confidence in retail trade and the services sector in Azerbaijan is growing, there is a decline in the industrial and construction sectors, ABC.AZ reports with reference to the "Indices of business activity in the real sector" presented by the Central Bank in April.

The retail sector index was 8.5 points, which means an increase of 28% compared with the previous month. As for the index of trust in the service, an increase of 23% was recorded here, which amounted to 46.9 points.

The industry confidence index fell to minus 0.5 points in April, while in March it was 5.6 points.

The index of confidence in construction decreased from minus 50.4 to point 43.2.