Economic sentiment (ZEW) fell in October

The indicator of economic expectations towards Poland fell in October by 4.7 points on a monthly basis to 23.3 points, the Centre for European Economic Research (ZEW) in Mannheim announced. However, the indicator of the current economic situation of the country increased by 5.5 points m/m and reached 45.5 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.