Forecasts of companies' economic situation for Q3 and 12 months remain pessimistic

Forecasts of the economic situation for the coming quarter and the next 12 months – although slightly improved from the previous reading – nevertheless remained distinctly pessimistic, forming one of the lowest levels historically. Nearly 70 percent of respondents believe that the probability of a marked economic slowdown is greater than 1/2, the National Bank of Poland (NBP) reported.

"The formation of the synthetic index of the current situation suggests that the local peak of the business…