Poland: Businesses remain upbeat in February
February 23, 2018
In February, sentiment in the manufacturing sector remained broadly unchanged, according to the Business Tendency Survey released by the Central Statistical Office (GUS-BTS). The business climate indicator dipped slightly from January’s over nine-year high of 16.5 to 16.2, the second-highest reading since June 2008. As a result, business confidence remained comfortably above the zero-point mark that separates optimism from pessimism in the manufacturing sector.
February’s reading was the result of a slight, but broad-based, deterioration in assessments of current economic conditions, which more than offset an improvement in expected future economic conditions. Respondents had a less optimistic assessment of the current economic and financial situations. On the other hand, they grew more optimistic about the future economic situation and production levels.
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%.
