Poland: Business confidence rises in August
August 24, 2016
The manufacturing sector business climate index increased from 3.1 points in July to 4.8 points in August, according to the Central Statistical Office’s Business Tendency Survey (GUS-BTS). Business confidence has remained above the zero-point threshold that separates optimism from pessimism since December.
August’s increase came on the back of a sharp rise in sentiment regarding the general economic situation. In addition, firms were more optimistic regarding the future economic situation, but they were less optimistic regarding their future financial situations and employment prospects.