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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