In October 2026, the total business climate indicator decreases by 2.1 percentage points in comparison with September (from 15.3% to 13.2%). A reduction of the indicator is observed in the industry and the service sector, while in the construction preserves approximately its level from the previous month. Only in the retail trade an improvement is reported.
Industry. The composite indicator ‘business climate in industry’ decreases by 2.8 percentage points (from 16.9% to 14.1%) as a result of the unfavourable industrial entrepreneurs’ assessments and expectations about the business situation of the enterprises. According to them, the new orders inflow over the last 3 months has decreased, which is also accompanied by decreased expectations about the production activity over the next 3 months.
Construction. In October, the composite indicator ‘business climate in construction’ preserves approximately its September level (from 9.3% to 9.7%). In the construction entrepreneurs’ opinion, in the next half year, a decrease of the new orders is expected, which will also lead to a contraction of the activity in the short-term.
Retail trade. The composite indicator ‘business climate in retail trade’ increases by 1.2 percentage points (from 25.3% to 26.5%) as a result of the favourable retailers’ assessments and expectations about the business situation of the enterprises. Their forecasts about the volume of sales over the next 3 months are also positive.
Service sector. In October, the composite indicator ‘business climate in the service sector’ drops by 6.9 percentage points (from 8.4% to 1.5%), which is due to the worsened managers’ assessments and expectations about the business situation of the enterprises. Their opinions about both the present and the expected demand for services are also more reserved.
