Business Sentiment Improved, but Consumers Became More Pessimistic

Eesti Rahvusringhääling

Center

Factuality

Ownership

In October, entrepreneurs' assessment of the economy improved, but consumers became more pessimistic, according to data from surveys measuring the economic confidence of businesses and consumers published by Statistics Estonia.

ohtuleht.ee

Factuality

Ownership

Estonian consumer confidence fell sharply in October, while trade, service and industrial companies' assessment of the economy improved. Economists say that consumer pessimism may be exacerbated by energy costs related to the coming winter and persistently high fuel prices.

pmo.ee

Factuality

Ownership

Estonian entrepreneurs' assessment of the economic situation improved in several sectors in October, but consumer sentiment moved in the opposite direction. Consumer confidence fell from -23.5 points to -32.4 points in the month, according to the latest business cycle barometers from Statistics Estonia.

aripaev.ee

Factuality

Ownership

Business confidence improved, consumers became more pessimistic. The confidence of trade, service and industrial companies has improved slightly compared to the previous month, the assessments of confidence of construction sector companies remained the same compared to September, but consumer confidence decreased significantly, Statistics Estonia announced. Statistics, Business, consumer behavior.