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Thursday, 28.03.2024, 15:21
Estonian retail confidence index drops in November
BC, Tallinn, 28.11.2017.Print version
The value of the retail confidence index calculated by the Estonian Institute of Economic Research was 5 points in November 2017, down 11 points from October and four points lower than in November 2016, informs LETA/BNS.
The indicator reflecting sales in the past three months fell to 11 points
from 34 points in October, and compared with 20 points in November 2016.
The assessment concerning inventories improved by 3 points to 15 points. In
November 2016 the same indicator stood at 12 points.
The retail sector's forecast when it comes to sales in the next three
months dropped 2 points from October to 19 points, compared with 20 points in
last November.
The service sector confidence index declined 2 points to 12 points. In
November 2016 the value of the indicator was 0 points.