The economic sentiment indicator declined in June after improving in May and was lower than a year earlier. At the monthly level, the sharpest decline in the confidence indicator was recorded in retail trade, driven by lower assessments of sales and inventories. Confidence indicators also declined slightly compared with the previous month in manufacturing, services, construction, and among consumers. Compared to June last year, the confidence indicator was slightly higher in construction and in services, where it has been higher year-on-year for the third consecutive month. In contrast, confidence indicators in other activities and among consumers were lower year-on-year. 

In April, real turnover increased both month-on-month and year-on-year across all trade sectors. Turnover in retail trade with food products, which had declined both quarter-on-quarter and year-on-year in the first quarter due to a sharp drop in March, strengthened significantly in April. The fluctuations were mainly the result of the timing of Easter holidays and related purchases (which occurred in March last year and in April this year). Following growth in the first quarter, turnover continued to increase in the sales and repair of motor vehicles, wholesale trade, and retail trade with non-food products. Sales in all trade sectors were also higher year-on-year in April and cumulatively in the first four months of the year.