Economic Sentiment Indicator grows in July

The Economic Sentiment Indicator (ESI) for Poland, calculated by the European Commission, increased to 110.2 points in July, up by 1.2 points m/m. In industry, the ESI grew to -2.9 points, compared to -3.1 points last month. In services, it inched down to 6.4 points from 6.5 points. In the construction sector, the indicator was at -8.4 points compared to -7.3 in June. The consumer sentiment component of the ESI stood at 1.5 points in July unchanged. For retail, the indicator increased to 5.8 points compared with 5.1 points last month.