While the overall economic confidence index saw a decline, the performance across different sectors varied. The consumer confidence index showed a slight increase, rising by 0.6 per cent to reach 76.4 in August.

However, confidence within the real sector, particularly the manufacturing industry, experienced a downturn. The real sector confidence index decreased by 0.7 per cent, falling to 98. On a more positive note, the retail trade confidence index saw an increase of 0.8 per cent, climbing to 107.9.

Fibre2Fashion News Desk (DP)