BIEC: Economic sentiment grows again in July

The leading indicator of economic sentiment (WWK) in Poland estimated by the Bureau for Investments and Economic Cycles (BIEC) grew by 0.6 points and stood at 168.6 points in July. Analysts point out that the economy might have lost its fast pace recorded in the first half of the year. “Taking into account the growing business uncertainty, which also generates additional costs, it may turn out that the economy will not be able to sustain its growth rate in the coming quarters,” the report said.