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

By bne IntelliNews March 24, 2014

Business tendency surveys carried out in March by the national stats office GUS showed an improvement in the business climate of the manufacturing sector (up by 2pts to +5pts), in the construction sector (up by 6pts to -12pts) and in the retail trade sector (up by 3pts to 0pts).
In the manufacturing sector, assessments of current production are positive, while views on order portfolios - less pessimistic than a month earlier. Respective forecasts are optimistic and better than last month.
In the construction sector, current assessments concerning order books, output levels and financial standings are less negative than a month earlier. Forecasts concerning order books and output are optimistic and better than last month, while forecasts on financial standings are less pessimistic than a month before.
In retail trade, forecasts of sales are positive and better than last month, while current assessments in this respect continue to be pessimistic. Assessments and forecasts concerning financial standings are less pessimistic than a month before. At the same time, price growth is expected be slightly lower than expected a month earlier.

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