Poland Business Confidence April 2018

Poland

Poland: Businesses confidence moderates but remains elevated in April

April 25, 2018

In April, sentiment in the manufacturing sector moderated, according to the Business Tendency Survey released by the Central Statistical Office (GUS-BTS). The business climate indicator dropped from march’s 18.7 to 16.8, the second-highest reading since May 2008. As a result, business confidence remained well above the zero-point mark that separates optimism from pessimism in the manufacturing sector.

April’s reading was mainly the result of less optimistic assessments of both the current and future expected economic situation. Moreover, they grew slightly less optimistic about future order books and production levels. However, respondents had a more optimistic assessment of the current production, domestic and foreign orders and of their current financial situation.

Poland Fixed Investment Forecast


FocusEconomics Consensus Forecast panelists expect fixed investment to grow 6.0% in 2019, which is unchanged from last month’s estimate. For 2019, the panel sees fixed investment expanding 4.1%.


Author: Massimo Bassetti, Economist

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Poland Business Confidence April 2018

Note: Value of month-on-month business confidence index. An index value above 0 indicates a positive assessment of the business climate while a value below 0 indicates a negative assessment.
Source: Central Statistical Office (GUS).


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