ZEW indicator at 60.9 pt in May

The indicator of economic expectations towards Poland increased in May by 5.3 points m/m and reached 60.9 points, the Centre for European Economic Research (ZEW) in Mannheim announced. The indicator of the current economic situation of the country grew by 22.7 points m/m and amounted to 52.3 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.