Economic sentiment indicator for industrial processing inches up to -12 in August

In August 2023, Poland's economic sentiment indicator for industrial processing stood at -12 (seasonally unadjusted), a slight improvement from -14 in July. According to the Central Statistical Office (GUS), this sentiment was relatively steady across most economic sectors compared to the previous month, except for increases in industrial processing and information/communication, and a decrease in accommodation/gastronomy.

The sentiment indicators were generally below the long-term average except in retail. Construction and wholesale trade showed minor fluctuations, while transport/warehousing held steady. The finance/insurance sector maintained its sentiment level from the prior month.

Source: inwestycje.pl