In business-related services, general market demand expectations have been sharply revised downwards for the second month in a row. Business leaders, who voiced extremely pessimistic activity expectations last month, did not revise their assessment this month and remain very wary, expressing moreover a more unfavourable view of their current activity levels. In the trade sector, the decline in the indicator is attributable to a marked downward revision of demand expectations and, to a lesser extent, employment expectations. In the manufacturing industry, all underlying components of the indicator are down, with the ... (full story)