Economic sentiment (ZEW) goes up in April

The indicator of economic expectations towards Poland grew in April by 6.9 points on a monthly basis and reached 11.2 points, the Centre for European Economic Research (ZEW) in Mannheim announced. The indicator for the current economic situation in the country declined by 3 points m/m to 47.7 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.