Poland: Business confidence picks up further in March
March 21, 2016
The manufacturing sector business climate index picked up from 3.0 points in February to 4.9 points in March, according to the Central Statistical Office’s Business Tendency Survey (GUS-BTS). As a result, business confidence moved further above the zero-point threshold that separates optimism from pessimism.
March’s increase reflected improvements across all categories that comprise the index. Firms’ were notably more optimistic regarding the current and future general economic situation.
Author: Armando Ciccarelli, Head of Data Solutions