Poland: Economic sentiment rises to over one-year high in December
Economic sentiment came in at 99.0 in December, up from November’s 98.8. December’s result marked the strongest sentiment since February 2022. Consequently, the index remained below the long-term average of 100, pointing to a muted near-term outlook for the economy.
The headline print reflected stronger sentiment in the construction and services sectors. Meanwhile, sentiment in the retail and industrial sectors softened in the surveyed month. Lastly, consumer confidence deteriorated in December.
Considering indicators that are not used to calculate the index, employment expectations weakened, while the economic uncertainty index rose in December.