WWK in January down by 2.5 pts to 165.1 pts
22:22
The Leading Business Climate Index (WWK), informing in advance about future trends in the economy in January, fell by 2.5 points to 165.1 points, the Biuro Inwestycji i Cykli Ekonomicznych (BIEC) reported.
BIEC added that the indicator lost what it gained a month ago.
"It is becoming more and more clear that inflationary factors, i.e. an increase in consumer prices, and on the producer side an increase in costs, are becoming factors limiting the competitiveness of the commercial offer of Polish companies, which in turn may contribute to a slower pace of economic development," the report reads.
In January, one of the eight components of the index improved, the other components deteriorated compared to the previous month's performance or remained unchanged.
