Business tendency surveys carried out in February by the national stats office GUS showed an improvement in the business climate of the manufacturing sector (up by 2pts to +3pts), in the construction sector (up by 2pts to -18pts) and in the retail trade sector (up by 3pts to -3pts).
In the manufacturing sector, assessments of current order portfolios and of production continued to be negative this month, with forecasts more optimistic than a month ago. Current financial standing is assessed negatively (as in January), but forecasts suggest a possibility of a slight improvement.
In the construction sector, forecasts concerning order books, output levels and financial standings are less negative than a month earlier. Respective assessments are negative and worse than in January.
In retail trade, forecasts of sales and financial standing are assessed less pessimistically than a month before, while current assessments are worse than in January. At the same time, price growth is expected remain close to January's levels.
Related Articles
Eurozone manufacturing growth hits four-year high in April but Middle East war drives record price surge
Eurozone manufacturing activity expanded at the fastest pace in nearly four years in April as factories rushed to build safety stocks ahead of expected price rises and supply shortages linked to the ... more
Poland’s BGK to begin operations in Ukraine under new cooperation deal
Polish state development bank BGK will launch operations in Ukraine following the signing of a cooperation agreement between the two countries’ economic ministries, reported Ukraine Business News. ... ... more
Ukraine’s NovaPay launches European app for financial services with Polish partner
Ukrainian financial services group NovaPay has launched a European version of its mobile application, aimed at Ukrainians and EU residents, in partnership with Polish payment institution Quicko, ... more