EC’s economic sentiment index declines in August

The Economic Sentiment Indicator (ESI) for Poland calculated by the European Commission inched down by 1 point to 96.8 in August, the EC said on Thursday. In industry, the sector ESI declined by 1 point to -12.5 in August. In services, it inched down from 0.9 to 0.8 points. In retail trade the indicator rose from -1.1 to -0.5 points. In construction it inched up by 0.3 points to -26.9. In the same period, the EC’s consumer confidence indicator for Poland declined from -19.3 to -20.3 points.