Pessimism in economy

16/01/2014 00:00

The political rotation and new government have not been enough to return
the optimism of business and their citizens for economy.

Bank of Albania declares that the economic indicators for the fourth trimester had the lowest historic levels, 27% under the average.

This indicator tends to measure the perception and expectancies of businesses and individuals for the economic situation.

According to the bank, compared to the third trimester, the indicator has marked a light growth only for the business trust on some sectors, such as industry, commerce and services.

Expectancies among individuals and trust on the economic situation have continued to get worse. According to the bank, the consumers’ trust is related to the dropped expectancies that they have had for their financial situation and for the general state of economy.

The highest level of pessimism among businesses and consumers shows the difficult situation of the economy, a bad signal that dims the hopes for increased investments and consumption.

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