Poland: Business confidence rebounds in January
January 26, 2016
The manufacturing sector business climate index rebounded from minus 1.1 points in December 2015 to plus 0.8 points in January 2016, according to the Central Statistical Office’s Business Tendency Survey (GUS-BTS). As a consequence of the drop, business confidence jumped above the zero-point threshold that separates optimism from pessimism.
January’s increase reflected improvements in six of the nine sub-categories that comprise the index. In particular, the largest increases were recorded in expected employment, as well as anticipated production and foreign order books.
Author: Eric Denis , Economist