According to the Central Statistical Office's Business Tendency Survey (GUS-BTS), the general business climate index fell from minus 4.2 points in November to minus 6.9 points in December, reaching the lowest level since April 2009. As a result, the index remained below the zero-point threshold separating pessimism from optimism for the third consecutive month, suggesting deteriorating prospects for fixed investment going forward. Compared to the same period last year, business confidence is now 8.3 points lower. In general, businesses were mostly concerned about expected domestic and foreign order books as well as expected production. On the other hand, businesses were most optimistic regarding the evolution of prices for their products.
Poland Business Confidence
Business confidence reaches 32-month low in December
December 27, 2011
Looking for forecasts related to Business Confidence in Poland? Download a sample report now.
Poland Economic News
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.
September 30, 2016
The manufacturing sector business climate index decreased from 4.8 points in August to 3.3 points in September, according to the Central Statistical Office’s Business Tendency Survey (GUS-BTS).