BIEC: Economic sentiment grows by 1.7 pts

The leading indicator of economic sentiment (WWK) in Poland estimated by the Bureau for Investments and Economic Cycles (BIEC) grew by 1.7 points and stood at 167.4 points in March. “This is the third significant growth in a row, after a year-long stagnation. Which indicates that the economic growth is fueled by increased household consumption,” BIEC said. The indicator consists of eight components, of which three were conducive towards growth, two were neutral and three were negative.