ZEW indicator up in April

The indicator of economic expectations towards Poland increased in April by 9.4 points m/m and reached 55.6 points, the Centre for European Economic Research (ZEW) in Mannheim announced. The indicator of the current economic situation of the country declined by 12.7 points m/m and amounted to 29.6 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.