EC: Poland's Economic Sentiment Indicator up by 0.6pts m/m to 98.5pts.

By bne IntelliNews May 30, 2011
The Economic Sentiment Indicator (ESI) in Poland inched up by 0.6pts to 98.5pts in May (vs. its 12-month peak of 100.4pts reported in July, 2010), the European Commission has announced. In May, confidence in industry was -11.2pts vs. -9.7pts a month earlier; in the services sector, it inched up to 7.2pts from 6.9pts; the consumer sentiment indicator improved to -22.0pts from -26.7pts, while in the retail trade - to -0.8pts from -2.1pts, respectively; the construction sector's sentiment indicator was down, though, to -23.4pts from -23.1pts a month earlier. In the entire European Union, the ESI inched up by 0.3pts m/m to 105.4pts in May. In the EU, a worsening of sentiment in industry was offset by moderate gains in the other business sectors, while consumers' confidence improved markedly, the Commission reported. tom

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