2022 Edition 38 Trade Confidence Indicator Services Confidence Indicator • The balance of consumers expectations concerning price developments declined in December and January, after the increases observed between September and November, which resulted in the highest value of the last ten years; • The balance of the entrepreneurs expectations on the future development of selling prices: » In Construction and Public Works, it once again recorded the highest value of the series, strengthening the sharp upward movement observed since May; » It increased in Trade, reaching the maximum value of the series that began in May 2003; » It increased in Services, contrary to the reduction observed in the previous month and returning to a level close to the series maximum registered in November 2005; » It decreased in Manufacturing industry (the only sector where the evolution was negative), after having reached in December the highest value since October 1990. Mais informação: Business and consumer surveys – January 2022 (28 January 2022) 3.0 4.4 -30.0 -25.0 -20.0 -15.0 -10.0 -5.0 0.0 5.0 10.0 15.0 20.0 �an-21 Feb-21 �ar-21 Apr-21 May-21 �un-21 �ul-21 Aug-21 Sep-21 Oct-21 �ov-21 Dec-21 �an-22 Dec-20 Total Search in the next three months �an-21 Feb-21 �ar-21 Apr-21 May-21 �un-21 �ul-21 Aug-21 Sep-21 Oct-21 �ov-21 Dec-21 �an-22 4.7 5.6 7.4 -20.0 -15.0 -10.0 -5.0 0.0 5.0 10.0 15.0 Total Wholesale Ac�vity in the next 3 months Data were collected from the 3rd to the 18th of January for the consumer survey and from the 1st to the 24th of January for the business surveys.
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