Poland: Economic sentiment rises into optimistic territory in January
Economic sentiment came in at 102.0 in January, up from December’s 98.8. January’s result marked the best reading since December 2021. Consequently, the index moved above the long-term average of 100, pointing to a positive near-term outlook for the economy.
The headline print reflected stronger sentiment in the industrial and construction sectors. Moreover, confidence in the services sector improved in January, while sentiment in the retail sector weakened in the surveyed month. Lastly, consumer confidence rose in January.
Considering indicators that are not used to calculate the index, employment expectations improved, while the economic uncertainty index decreased in January.