Professional Documents
Culture Documents
In the 3rd quarter of 2008 the business indicator was 7.7, which is 12.6 points
less than the same time in 2007. It is the 6th quarter in a row, where the business
indicator decreases comparing to same time in the previous year. The lower than
present value of the indicator was recorded for the last time in 3rd quarter of
2003, when it was equal -1.6. The indicator in the private sector is almost 12
points lower than in the public sector. Within a year the indicator in the private
sector lost 16 points, in public sector 3 points.
The Central Statistical Office also announced that current and future valuations
of the financial situation of the construction companies are pessimistic and
worse than same valuation made in November. Little reduction of prices on
construction works is possible.