Poland: Economic sentiment deteriorates in September
Economic sentiment fell to 95.5 in September from August’s 95.6. As a result, the index remained below the long-term average of 100, pointing to a muted near-term outlook for the economy.
The headline print reflected weaker sentiment in the services sector. Meanwhile, confidence in the industrial and construction sectors improved in September, while sentiment in the retail sector improved in the surveyed month. Lastly, consumer confidence deteriorated in September.
Relating to indicators that are not used to calculate the index, employment expectations improved, while the economic uncertainty index decreased in September.