Economic Sentiment Indicator drops in August

The Economic Sentiment Indicator (ESI) for Poland, calculated by the European Commission, dropped to 103.3 points in August, down by 0.2 point m/m. In industry, the ESI inched up to -8 points, compared to -8.2 points last month. In services, it dropped by 1.4 points m/m to 0.5 points. In the construction sector, the indicator was at –15.9 points compared to -17.8 in July. The consumer sentiment component of the ESI stood at -4.9 points in August compared to -5.5 the month before.