In September the confidence of retail businesses in Cyprus decreased considerably compared to the same month last year, down from 6.3 to 0.4.
In the same time, EU countries retail businesses confidence have increased slightly, up from 3.3 to 4.4 on average.
Cyprus now has the fifth lowest confidence of retail businesses in the EU compared to the other 28 countries. Slovakia has the highest confidence of retail businesses (25.5 points), while Austria ranks last (-9.8 points).
|The whole country||2018 (September)||2017 (September)||Change|
|Ireland||Data is missing||Data is missing||Data is missing|
|Luxembourg||Data is missing||Data is missing||Data is missing|
This indicator is based on businesses surveyed on business situation, stocks of goods, orders placed with suppliers and firm's employment.
For all surveys the difference between positive and negative answers (in percentage points of total answers) are averaged to calculate an indicator.