Survey results - OCTOBER 2024
In October, 2024, the industrial confidence indicator (ICI) monthly increased by 3.5 pts to 1.8 pts. It is 7.5 pts up from the October, 2023 figure. The increase in ICI was due to the decline in the balance of finished goods inventories and the rise in the balance of production. Manufacturers, however, reported the decrease in production, total and export orders, and selling prices. Employment and financial situation of manufacturing firms diminished. Nevertheless, producers assessed the current situation in the Polish economy better than in September and are much more optimistic about their business prospects than one month ago.
Researchers:
Elżbieta Adamowicz, adel@sgh.waw.pl
Konrad Walczyk, kwalcz1@sgh.waw.pl
.