Sentiment indicator deteriorated at the monthly level
In September 2019 the value of the sentiment indicator (at 4.8 percentage points – p.p.) decreased by 1.2 p.p. compared to August 2019 (at 6.0 p.p.).
The monthly decrease in the sentiment indicator was influenced by the confidence indicator among consumers (by 0.8 p.p.), the confidence indicator in manufacturing (by 0.4 p.p.) and the confidence indicator in retail trade (by 0.2 p.p.). The services confidence indicator had a positive influence (by 0.2 p.p.), while that in construction had no impact.
Sentiment indicator deteriorated also at the annual level
The sentiment indicator decreased by 3.4 p.p. at the annual level.
This decrease was influenced by four indicators out of five; the confidence indicators in services (by 1.5 p.p.), manufacturing (by 1.3 p.p.), construction and among consumers (each by 0.4 p.p.). The confidence indicator in retail trade had a positive influence (by 0.2 p.p.).