Economic Sentiment Indicator falls to 97.6

The Economic Sentiment Indicator (ESI) for Poland fell by 0.7 points month-on-month, and stood at 97.6 points in July, the European Commission estimated. The indicator for industry fell by 0.2 p. m/m to the level of -12.7 p., for the construction industry it fell from -26.1 p. The ESI for consumption fell to -14.6 p. from -12 p., for retail sales it stood at 1.2 p. in July. The indicator for services stood at -0.5 p. The Economic Sentiment Indicator (ESI) is a composite indicator made up of five sectoral confidence indicators with different weights: Industrial confidence indicator, Services confidence indicator, Consumer confidence indicator, Construction confidence indicator and Retail trade confidence indicator.