Economic sentiment ZEW falls by 20.9 pts

The indicator of economic expectations towards Poland fell in July by 15 points on a monthly basis and stood at 6 points, the Centre for European Economic Research (ZEW) in Mannheim announced. The indicator for the current economic situation in the country fell by 19.6 points m/m to 11.9 points. The ZEW Indicator of Economic Sentiment is assessed monthly. Up to 350 financial experts take part in the survey. The indicator reflects the difference between the share of analysts that are optimistic and the share of analysts that are pessimistic concerning the expected economic development of particular countries and regions.