The sharp fall in the indicator in the business-related services sector witnessed since the summer has been halted, giving way to a clear upswing. All underlying components have improved, particularly activity expectations, which have been revised significantly upwards following last month’s downturn. For the second month running, business sentiment in the manufacturing industry held virtually stable due to diverging developments across the various components. This month, business leaders were more optimistic about employment expectations but more cautious about demand expectations and expressed more concern about ... (full story)