MAY 2022 46 Trade Confidence Indicator Services Confidence Indicator • The confidence indicators: » They decreased in the Manufacturing industry, Trade, and Services, slightly in the latter case; » They increased in the Construction and Public Works sector; • The entrepeneurs’ expectations about the future development of sales prices declined in all sectors, after reaching the maximums of the respective series: » In April, in the Manufacturing industry, Trade, and Services; » In March, in Construction and Public Works. The information was collected from the 1st to the 17th of May for the consumer survey and from the 1st to the 19th of May for the business surveys. More information is available at: Business and consumer surveys – May 2022 30 May 2022 22.6 16.2 0.0 5.0 10.0 15.0 20.0 25.0 30.0 35.0 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Total Demand over the next 3 months 2.0 -0.2 -3.9 -6.0 -4.0 -2.0 0.0 2.0 4.0 6.0 8.0 10.0 12.0 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Total Whole sale Business situation over the next 3 months
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