Poland skyline at golden hour

Poland Business Confidence October 2018

Poland: Business confidence plummets in October

In October, the business tendency indicators released by the Central Statistical Office (GUS) showed a decline in business confidence in the manufacturing sector. October’s business climate indicator dropped sharply from 8.8 in September to 4.8, the weakest reading of the year and more in-line with the indicator’s long-run average. Despite the result, business confidence remained above the zero-point mark that distinguishes optimism from pessimism in the manufacturing sector.

October’s deterioration saw weaker assessments across all components of the indicators. Notably, firms’ views of the future economic situation worsened markedly, driven by fears of weaker order books and a bleaker financial situation. Prospects for the labor market edged lower in the month, as well.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest