Economic sentiment index inches down
11:37
The leading indicator of economic sentiment (WWK) in Poland estimated by the Bureau for Investments and Economic Cycles (BIEC) decreased by 1.1 points in September.
"The chances of acceleration in the economy in the second half of the year are getting smaller from month to month," the bureau informed and stressed that the financial situation of Polish firms is worsening. Minor growth in European economies and the weakening pace of the Chinese economy are among the external factors that impact the current economic situation in Poland, BIEC also informed.
The indicator consists of eight components, of which four were neutral and four were negative towards the growth of the indicator, BIEC reported.