Pengab index increases in March

Pengab's economic climate index rose by 3.2 points m/m to 28.8 points in March, according to the research firm Kantar TNS. A year ago the value of the index was 29.6 points.

“Among the detailed measurements, a significant increase was recorded in housing loans (+23 pts) and consumption credits (+14 pts), while in the case of business – working capital loans (+19 pts) and investment loans (+14 pts). In terms of six-month forecasts related to banks, the growth is definitely smaller ... It is also worth noting that the forecasts for the banking sector are worse than in the comparable period of last year,” Krzysztof Pietraszkiewicz, president of the Polish Bank Association (ZBP), commented. (ISBnews)