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Poland's economic sentiment indicator down in May

19:10

Poland's economic sentiment indicator down in May
Source: Photo by Johannes W on Unsplash

Poland's economic sentiment index (ESI) stood at 97.8 points in May 2022 compared with 98.6 points in the previous month, the European Commission said.

The industrial business climate index was minus 15.4 points vs minus 14.9 points in the previous month, while the services sector was minus 5.6 points vs minus 6.7 points in the previous month. 

The consumer sentiment indicator stood at minus 15.8 points compared to minus 14.1 points in the previous month, while the index for retail sales stood at 0.8 points compared to 1.1 points in the previous month. 

The Business Climate Indicator for the construction industry stood at minus 19.5 points in May, down from minus 18.9 points a month earlier.

The Employment Expectations Index (EEI) for Poland amounted to 99.6 points in May vs. The Employment Expectations Index for Poland in May was 99.6 points, compared to 98.7 points a month earlier.

At the same time, the Business Climate Indicator for the eurozone posted a reading of 105 in May vs. 104.9 in the previous month.

(ALeBank) 


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