Poland: Business confidence falls in September
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). Despite the fall, business confidence has remained above the zero-point threshold that separates optimism from pessimism since December.
September’s moderation came on the back of a fall in sentiment regarding the present and future general economic situation. In addition, firms were less optimistic regarding their future financial situation.