In the manufacturing sector, the index experienced an uptick due to significantly less pessimistic expectations. However, companies still assessed their current situation as worse than before. Order books continued to shrink, and there is no immediate prospect of increased production.

The index also rose in the trade sector. Business expectations improved markedly, although they remain pessimistic overall. Companies in the trade sector reported being somewhat less satisfied with their current business conditions. This was primarily influenced by the wholesale situation, which saw a sharp improvement in business, while retailers experienced a notable boost.

Fibre2Fashion News Desk (DP)