Poland Business Confidence May 2016

Poland

Poland: Business confidence edges down in May

May 25, 2016

The manufacturing sector business climate index fell from 5.4 points in April to 5.0 points in May, according to the Central Statistical Office’s Business Tendency Survey (GUS-BTS). Despite the fall, business confidence remains above the zero-point threshold that separates optimism from pessimism.

May’s decrease reflected deterioration across the majority of categories that comprise the index. Firms’ were less optimistic regarding the future general economic situation and employment prospects.

FocusEconomics Consensus Forecast panelists expect fixed investment to expand 4.7% in 2016, which is up 0.1 percentage points from last month’s estimate. For 2017, the panel sees fixed investment expanding 5.1%.


Author: Angela Bouzanis, Senior Economist

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Poland Business Confidence May 2016

Note: Value of month-on-month business confidence index. An index value above 0 indicates a positive assessment of the business climate while a value below 0 indicates a negative assessment.
Source: Central Statistical Office (GUS).


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