In Nov’24, the total business climate index remained flat MoM. Two subsectors – Services and Construction deteriorated on a monthly basis by 3.9% and 0.8%, respectively. Retail trade remained unchanged, while Industry added 2.5% MoM. The biggest challenges facing the services sector are economic uncertainty and shortage of labour. The problem in the construction sector continues to be the uncertain economic environment, cost of materials and shortage of labour. The main problems facing the industry sector remain economic uncertainty and shortage of labour. Retail trade’s most serious factors limiting activity are economic uncertainty, competition in the branch and insufficient demand.