In April 2015 the total business climate indicator increases by 2.5 percentage points compared to its level from the previous month, which is due to the improved business climate in construction and retail trade, show the inquiry of the National statistical institute (NSI).
In April the composite indicator ‘business climate in construction’ increases by 8.4 percentage points due to the more optimistic construction entrepreneurs’ assessments and expectations about the business situation of the enterprises. In their opinion the present construction activity is improved, as their prognoses over the next 3 months also remain favourable. In the last month the inquiry also reports a decrease in the number of the clients with delay in payments. The production is assured with contracts for a longer time period in comparison with 3 months earlier - 5.4 months against 4.9 in January. At the same time the managers’ expectations about new orders over the next 6 months are also improved.
The composite indicator ‘business climate in retail trade’ increases by 5.3 percentage point compared to March which is due to the improved retailers’ assessments and expectations about the business situation of the enterprises. However their forecasts for the volume of sales and orders placed with suppliers over the next 3 months are more reserved.