EC signals ESI drop in Polish economy

Sentiment indicator in the Polish economy (Economic Sentiment Indicator - ESI) in April 2019 amounted to 101.1 points, compared to 104.8 points in March, according to the European Commission's Directorate-General for Economic and Financial Affairs (DG EcFin). The business climate indicator in Polish industry in April was minus 8.4 points, compared to minus 7.3 points in the previous month.

The ESI consists of an indication for industry (40 percent), services (30 percent), consumers (20 percent), and construction and retail (5 percent each). The level of 100 points corresponds to the long-term average level of ESI (measured since 1990).

(PAP)