According to the Central Statistical Office's Business Tendency Survey (GUS-BTS), the general business climate index fell from minus 1.1 points in October to minus 4.2 points in November. As a result, the index remained below the zero-point threshold separating pessimism from optimism for the second consecutive month, indicating that pessimists outnumbered optimists. Compared to the same period last year, business confidence was 6.9 points lower. In general, businesses were mostly concerned about employment prospects as well as expected domestic and foreign order books. On the other hand, businesses were most optimistic regarding the development of future prices for their products.
Poland Business Confidence
Business confidence dips further in November
November 25, 2011
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Poland Economic News
October 19, 2016
In September, industrial production expanded 3.2% over the same month last year, which was notably below the 7.5% expansion recorded in August.
October 12, 2016
According to the Central Statistical Office (GUS), consumer prices recorded flat growth over the previous month in September, which followed the 0.2% decrease recorded in August.
October 5, 2016
As anticipated by market analysts, the National Bank of Poland (NBP) decided to keep the reference rate at the record low of 1.50% at its 4–5 October monetary policy meeting.
October 3, 2016
The Manufacturing Purchasing Managers’ Index (PMI) rose from August’s 51.5 to a six-month high of 52.2 in September, according to IHS Markit.
September 30, 2016
According to a preliminary estimate released by the Central Statistical Office (GUS) on 30 September, consumer prices recorded flat growth over the previous month in September, which followed the 0.2% fall recorded in August. In annual terms, consumer prices dropped 0.5% in September, which was a less pronounced decline than the 0.8% fall recorded in August.