-
Business confidence weakens in April
The deterioration in the business climate in manufacturing industry, more than negating last month’s revival, is due to a decline in all components of the indicator, particularly the appraisal of total order books. In construction, too, the decline was widespread with a particularly substantial contraction in order books, the level of which was viewed as significantly more unfavourable considering the time of year. The further revival in trade was evident in all components of the indicator. In business-related services, where there was a very small improvement, entrepreneurs were more optimistic about the outlook ... (full story)