Major findings

  • The overall business climate was slightly improving during recent surveys, but this survey shows a deterioration compared to the same periods of 2016.
  • The surveyed businesses' level of confidence regarding their current condition and as well as their expectations regarding the coming six months have deteriorated compared to the previous survey.
  • In contrast to three previous surveys of 2017, no region has reported a positive business climate indicator.
  • Agriculture expects the highest rate of employment (3.1) and Construction the lowest (-25.7).
  • Since the last season of 2016 manufacturing has gradually dropped in sectoral ranking.
  • Large companies keep improving, while SMEs suffer from a worsening business condition.
  • Businesses have reported that their order books keep shrinking.

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