Poland Business Confidence June 2016


Poland: Business confidence improves in June

June 30, 2016

The manufacturing sector business climate index rose from 5.0 points in May to 5.2 points in June, according to the Central Statistical Office’s Business Tendency Survey (GUS-BTS). As a result, business confidence remains above the zero-point threshold that separates optimism from pessimism.

June’s increase came on the back of improving sentiment regarding the general economic situation. In contrast, firms were less optimistic regarding their future financial situation.

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 Chart

Poland Business Confidence June 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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