ZEW expectations for Poland significantly up in February

The economic expectations index for Poland, calculated by the ZEW Center for European Economic Research in Mannheim and Erste Bank, grew by 23.4 points month-on-month to 48.3 points in February, according to data quoted by ISBnews. Assessment of the current economic situation grew by 8.9 points to 46.4 points. The expectations index for the whole CEE region, including Turkey, grew by 14.2 points to 39.3 points. The assessment of the economic situation in the region grew by 13.1 points to 21.4  points. The ZEW Indicator of Economic Sentiment is ascertained monthly. Up to 350 financial experts take part in the survey. The indicator reflects the difference between the share of analysts that are optimistic and the share of analysts that are pessimistic for the expected economic development of particular countries and regions.