BIEC: Economic sentiment grows second month in a row

The leading indicator of economic sentiment (WWK) in Poland estimated by the Bureau for Investments and Economic Cycles (BIEC) in February grew by 1.2 points and stood at 166.7 points. “It’s hard to tell, whether the positive economic indicators in the last two months, signal a prolonged improvement and dynamic economic growth, or are they an effect of increased individual consumption reflected in the latest retail sales figures,” BIEC said. According to the Bureau, February growth was fueled by the increase in new orders in the production sector, as well as trading figures on the Warsaw Stock Exchange.