Poland: Economic sentiment picks up in April
Economic sentiment came in at 103.4 in April, up from March’s 101.9. April’s result marked the best performance since December 2021. Consequently, the index remained above the long-term average of 100, pointing to a positive near-term outlook for the economy.
The headline print reflected stronger sentiment in the industrial and construction sectors. Meanwhile, confidence in the services sector was stable in April, while sentiment in the retail sector waned in the surveyed month. Lastly, consumer confidence deteriorated in April.
Referring to indicators that are not used to calculate the index, employment expectations deteriorated, while the economic uncertainty index fell in April.