Prosperity index inches up in August
10:37
The prosperity index calculated by the Bureau for Investments and Economic Cycles (BIEC) inched up by 0.2 points month-on-month to 97.9 in August, the Polish Press Agency reports.
The decline was only slight compared to changes in the indicator recorded in early 2014,” BIEC said, “and last months’ trends point to maintaining the economic status quo of the average Pole.”
BIEC analysts stressed low CPI inflation and moderate improvement on the labor market as key factors for this month’s prosperity index.