The Business Expectations Survey said the overall confidence index declined to 35.8 percent in the third quarter from 40.8 percent in the second quarter.
The Consumer Expectations Survey showed that consumer sentiment for the third quarter improved marginally as the overall confidence index turned slightly less negative at -9.6 percent from -10.5 percent in the second quarter. The consumer confidence index for the next 12 months declined to 18.9 percent from 20.5 percent in the second quarter.
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