The overall survey of the Chamber of Commerce, Industry and Services in the first half of 2016 reflects an improvement in the climate of business confidence and confirms the economic recovery is ongoing.
In addition, indicators of the Andorra’s economy evolution are propitious and the nominal GDP growth is estimated at 1.6% for the whole of 2016, which represents 0.4% more than 2015.
Furthermore, companies’ expectations in the coming months generally remain moderately optimistic indicating activity will continue consolidating slowly but progressively.
