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.

Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

Alior Bank to pay out PLN570mn in first ever dividend

Alior Bank will pay out a dividend of PLN570mn (€122mn) from the profit generated in 2023, the Warsaw-listed lender said on February 28. The payout is in line with recommendations of the Polish ... more

EBRD buys into Poland’s Pekao Eurobond issue

The European Bank for Reconstruction and Development (EBRD) invested €20mn in debut Eurobonds issued by the state-controlled Bank Pekao, the second-largest Polish lender by assets, the EBRD said on ... more

Four Polish lenders form consortium to finance Polsat Plus Group’s wind farm project

PKO Bank Polski, along with three other banks, has entered into a consortium agreement with Great Wind, a subsidiary of the Polsat Plus Group, a media and entertainment company, to finance the ... more

Follow Us On

Most Read

  1. Ukraine's birth rate plummets to 300-year low as country’s population collapses
    8 days ago
  2. EU finally boosts defence investment into arms production as Ukraine runs out of ammo
    1 month ago
  3. Fresh evidence suggests that the April 2022 Istanbul peace deal to end the war in Ukraine was stillborn
    8 days ago
  4. Don't mention the "D" word - Ukraine
    5 days ago
  5. Europe unlikely to tackle Russian LNG imports anytime soon
    2 days ago
  1. Russia could pay off its entire external debt tomorrow, in cash
    26 days ago
  2. Speculation swirls of “Men in Blue” in Crocus City Hall terrorist attack linked to FSB
    30 days ago
  3. Albanians campaign on social media to keep bus bridge created in freak accident
    1 year ago
  4. BRICS announce a blockchain-based payment system to create a common currency
    28 days ago
  5. Saudi Arabia to scale back plans for Neom city
    15 days ago

Reports

Dismiss