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The index recorded a value slightly lower than forecasts at 101.1 (102.5 forecast) and the previous value revised down to 102. 9. The consumer confidence declines to 109.2 form 111.2 the previos month.
Business Confidence rates the current level of business conditions. It helps to analyze the economic situation in the short term. A rising trend indicates an increase in business investment which may lead to higher levels of output.
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