BIEC: cautious optimism about future growth

The leading indicator of economic sentiment (WWK) in Poland estimated by the Bureau for Investments and Economic Cycles (BIEC) increased by a half point, compared with April and reached 157.8 points in May. "The indicator's significant growth in January turned out to be short-term. The following months saw the economy's return to a path of moderate growth," according to BIEC's experts. They added that the signals coming from the economy's environment also point to moderate optimism about the future growth rate. "Accelerating economic growth in developed countries, including in Europe could be threatened due to a slowdown of the Chinese economy."