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.