In September the GKI-Erste economic sentiment index adjusted for seasonal effects reached this year’s peak; however, the degree of optimism was somewhat lower than at the end of last year. According to the empirical survey conducted by GKI with the support of the EU, in September business expectations reached their peak this year, whereas consumer ones deteriorated to their lowest level in the past two years. Read More …
GKI-Erste economic sentiment index at its peak this year
In August the GKI-Erste economic sentiment index adjusted for seasonal effects increased slightly over July and reached this year’s peak. The previously measured positive sentiment prevailed among companies and households, or even slightly increased. Expectations remained unchanged in the business sector in August, whereas they improved considerably among consumers.