Its combined confidence index remained unchanged at minus 7.1 points.
GKI’s business confidence index rose to minus 7.4 points from minus 8.3 in September. Sentiment improved in industry and services but weakened in construction and commerce.
The survey found that 7% of companies planned to hire employees over the next three months, while 14% expected to reduce headcount.
The consumer confidence index fell to minus 6.1 points from minus 3.8 in the preceding month. Households’ assessment of the economy worsened, although more respondents planned to make major purchases.
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