The Economic Sentiment Indicator (ESI) in Poland swung into growth of 2.5pts m/m to 94.6pts in December of 2013 after the November slight drop followed four months of growths in a row (thus reaching its new 12-month peak), the European Commission has announced.
In December, confidence in industry was -15.0pts vs. -15.5pts a month earlier; in the services sector, it rose to -0.9pts from -2.1pts. The consumer sentiment indicator improved to -19.7pts from -23.6pts, while in the retail trade, it was up to -3.4pts from -3.7pts, respectively; the construction sector's sentiment indicator rose to -32.9pts from -34.5pts a month earlier.
In the entire European Union, ESI rose to 103.5pts in December from 102.1pts a month earlier.
Eurozone manufacturing activity expanded at the fastest pace in nearly four years in April as factories rushed to build safety stocks ahead of expected price rises and supply shortages linked to the ... more
Polish state development bank BGK will launch operations in Ukraine following the signing of a cooperation agreement between the two countries’ economic ministries, reported Ukraine Business News. ... ... more
Ukrainian financial services group NovaPay has launched a European version of its mobile application, aimed at Ukrainians and EU residents, in partnership with Polish payment institution Quicko, ... more