BIEC: Economic sentiment inches falls 0.6 pts
12:54
The leading indicator of economic sentiment (WWK) in Poland estimated by the Bureau for Investments and Economic Cycles (BIEC) in September decreased by 0.6 points and stood at 105.1 points in June.
“For nearly one year, the index hasn't changed its value significantly, which indicated a month ago that its growth will stabilize at around three percent a year. The decline, although a minor and one-off, signals that there might be a problem with keeping the growth rate," BIEC said.
According to the bureau, the problem is a negative investment dynamic that has been present since the beginning of the year.