Poland Business Confidence April 2022


Poland: Business confidence improves but remains pessimistic in April

April 26, 2022

Business confidence rose to minus 11.5 in April from March's minus 16.2. As such, the index remained entrenched below the 0-threshold, signaling sustained pessimism among businesses.

April’s improvement was attributed to firms’ turning less pessimistic regarding the current economic situation, while their appraisal of current orderbooks and production also grew less downbeat. With regards to expectations, businesses turned less negative over future production, while expectations over orderbooks and employment were less pessimistic compared to the prior month. Moreover, expectations for the future general economic situation grew less pessimistic.

FocusEconomics Consensus Forecast panelists expect fixed investment to expand 6.3% in 2022, which is up 0.1 percentage points from last month’s estimate. For 2023, the panel sees fixed investment growth at 5.9%.


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