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

By bne IntelliNews February 24, 2014

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.

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