Business climate improves in Polish manufacturing, construction and trade in April

By bne IntelliNews April 24, 2014

Business tendency surveys carried out in April by the national stats office GUS showed further improvement in the business climate of the manufacturing sector (up by 4pts to +9pts), in the construction sector (up by 5pts to -7pts) and in the retail trade sector (up by 4pts to 4pts).
In the manufacturing sector, current order portfolios are on the rise, with positive - and better than last month's - assessments of production; forecasts in these areas continue to be optimistic. Current financial standing is assessed less negatively than in March, while forecasts suggest a possible improvement.
In the construction sector, current assessments concerning order books, output levels and financial standings are less negative than a month earlier. In the next three months, order books and output levels may rise faster than expected in March. Forecasts on financial standings are less pessimistic than a month before.
In retail trade, current assessments of sales swung into positive, with forecasts positive and close to March levels. Assessments and forecasts concerning financial standings are less pessimistic than a month before.

Related Articles

RBI issues €650mn of AT1 hybrid securities

Raiffeisen Bank International (RBI), the second largest bank operating across Central and Eastern Europe by assets, has issued €650mn of perpetual additional Tier 1 capital (AT1). ATI ... more

Visegrad insists EU funds must not be held hostage

EU funds should not be held hostage to politics, a senior Slovak minister insisted on June 27 as the European Commission debates placing conditions on cohesion funding. The idea of limiting funds ... more

Poland's GetBack plans to raise up to PLN500mn from IPO later this year

Polish debt collecting company GetBack plans to raise PLN400mn-500mn (€95mn-119mn) from its upcoming initial public offering (IPO), the company said in the offering’s prospectus released on June ... more