Business and Consumer Confidence Survey, January 2022

The economic sentiment indicator (ESI) was 107.2, slightly declining by 1.7 points in January. However, it stands around 7 points above its historical average (Chart 1). The decrease of ESI was mainly determined by the fall of confidence in the industry and services sector, and at a lesser extent, by the fall of consumer confidence. Confidence in the sectors of construction and trade, improved in January (Chart 2).