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Monthly Business Climate Index down by 2.1pts in May
23:14
The Monthly Business Climate index (MIK), which measures the mood of Polish enterprises, fell to 95 points in May from 97.1 points in April (according to the new methodology), the Polish Economic Institute (PIE) reported. The indicator was developed in cooperation with Bank Gospodarstwa Krajowego (BGK). The MIK level is below the neutral reading (i.e. 100 points), which means that negative entrepreneurs' moods outweigh the positive ones.
"As a consequence of the epidemic restrictions in April…
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