Poland Business Confidence April 2016

Poland

Poland: Business confidence picks up further in April

April 25, 2016

The manufacturing sector business climate index picked up from 4.9 points in March to 5.4 points in April, according to the Central Statistical Office’s Business Tendency Survey (GUS-BTS). The reading marked an eight-month high. As a result, business confidence moved further above the zero-point threshold that separates optimism from pessimism.

March’s increase reflected improvements across the majority of categories that comprise the index. Firms’ were more 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 Chart


Poland Business Confidence April 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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