Poland - Business Confidence

Poland: Business Confidence

Mnemonic CIB.IPOL
Unit SA
Monthly 15.07 %
Data Apr 2019 -8.4
Mar 2019 -7.3

Series Information

Source European Communities, EUROSTAT
Release Eurostat - Business and Consumer Survey
Frequency Monthly
Start Date 1/31/1998
End Date 4/30/2019

Poland: Business

Reference Last Previous Units Frequency
Capacity Utilization 2019 Q2 81.8 81.6 %, SA Quarterly
Business Confidence Apr 2019 -8.4 -7.3 SA Monthly
Industrial Production Mar 2019 122.6 122 Index 2015=100, SA Monthly
Change in Inventories 2018 Q4 15,040 11,430 Mil. PLN, NSA Quarterly
Real Change in Inventories 2018 Q4 14,592 17,029 Mil. Ch. 2010 PLN, SA Quarterly

Release Information

Business and consumer surveys provide essential information for economic surveillance, short-term forecasting and economic research. Moreover, they are widely used to detect turning points in the economic cycle. Surveys are therefore a key complement to official statistics, which are often available after long delays.

Business and Consumer Surveys are compiled in accordance with the framework of the Joint Harmonized EU Program of Business and Consumer Surveys - for the following fields: industry, retail trade, building, service sector, investment and consumer. Nowadays the Program includes the current 28 Member States of the European Union.

Confidence indicators are computed for industry, services, building, retail trade and consumers. A composite Economic Sentiment Indicator (ESI) is also computed as an indicator of developments in the industrial, services, construction, consumer and retail trade sectors.

Figures are presented as seasonally adjusted balances, defined as the difference (in percentage points of total answers) between positive and negative answers. Exceptions: ESI (index), confidence indicators (arithmetic average of balances), current level of capacity utilization (percentage) and estimated months of production assured by orders (number of months).

Figures are seasonally adjusted if the series contain at least 36 monthly or 12 quarterly observations.

In general, data are disseminated starting in 1985. For some countries and the service survey, information is only partially available.

 Revisions are rare

For more detailed information please refer to: http://ec.europa.eu/eurostat/cache/metadata/en/ei_bcs_esms.htm