RELEASE DATE: 22 February 2021
Data Dissemination Group
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No: 37524 22 February 2021 Hrs: 10:00
Sectoral Confidence Indices, February 2021
Confidence index decreased in services and construction sectors while increased in retail trade sector
Seasonally adjusted confidence index decreased by 1.4% in services sector and 1.3% in construction sector, while increased 0.4% in retail trade sector in February compared to January.
Seasonally adjusted sectoral confidence indices, February 2021
Seasonally adjusted sectoral confidence indices, sub-indices and the rate of changes, February 2021
Services confidence index realized as 100.4
Seasonally adjusted confidence index which was 101.9 for services in January decreased by 1.4% in February to 100.4. In services sector compared to the previous month, business situation over past three months sub-index decreased by 1.1% to 101.8. Demand-turnover over past three months sub-index remained at the same level 98.0 and demand-turnover expectation over next three months sub-index decreased by 3.1% to 101.4.
Seasonally adjusted services confidence and tendency indices, February 2021
Retail trade confidence index realized as 108.9
Seasonally adjusted retail trade confidence index increased by 0.4% in February to 108.9. In retail trade sector compared to the previous month, business activity-sales over past three months sub-index increased by 2.8% to 122.2. Current volume of stock sub-index increased by 2.8% to 92.6 and business activity-sales expectation over next three months sub-index decreased by 4.0% to 112.0.
Seasonally adjusted retail trade confidence and tendency indices, February 2021
Construction confidence index realized as 83.1
Seasonally adjusted construction confidence index which was 84.2 in January decreased by 1.3% in February to 83.1. In construction sector compared to the previous month, current overall order books sub-index became 76.9 by increasing 1.6%. Total employment expectation over next three months sub-index decreased by 3.6% to 89.3.
Seasonally adjusted construction confidence and tendency indices, February 2021
In construction sector, 51.1% of the enterprises indicated at least one factor limiting their activities while 48.9% of the enterprises indicated none in February. Among the main factors limiting activities in construction sector; "financial constraints" which was 26.3% in January realized the same in February, "insufficient demand" which was 22.4% in January realized as 25.7% in February and "other factors" which was 30.0% in January realized as 27.2% in February.
The next release on this subject will be on March 26, 2021.
Sectoral confidence indices can take value between 0 and 200. It indicates an optimistic outlook when the index is above 100, but it indicates a pessimistic outlook when it is below 100.