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
Notice: Undefined index: social in /var/www/html/application/views/scripts/index/article.phtml on line 259

Related Articles

EC refers Poland to court for delay on renewable energy rules.

The European Commission is referring Poland (and Cyprus) to the Court of Justice of the European Union for failing to fully transpose EU's Renewable Energy Directive, according to the ... more

ZEW Economic Sentiment Indicator for Poland surges to 42.9pts in February.

The ZEW-Erste Group Bank Economic Sentiment Indicator for Poland (economic expectations) surged by 22.3pts m/m to 42.9pts in February, according to a report by the Center for European Economic ... more

FinMin: Poland to inject EUR 5.5bn of FX reserves to ECB upon euro-zone entry.

When Poland joins the euro-zone, it will have to transfer EUR 5.47bn of its foreign-currency reserves to the European Central Bank, according to a statement by the ministry of finance. The ... more