Poland: Economic sentiment edges up in December
Latest reading: Economic sentiment came in at 99.2 in December, up from November’s 99.1. As a result, the index remained below the long-term average of 100, pointing to a muted near-term outlook for the economy.
The headline print reflected healthier sentiment in the construction sector and stronger confidence in the services sector. Less positively, sentiment in the retail and industrial sectors plus consumer confidence weakened in December.
Relating to indicators that are not used to calculate the index, employment expectations deteriorated, while the economic uncertainty index increased in December.