Survey results - Febrruary 2025
In February, 2025, the industrial confidence indicator (ICI) decreased (in comparison to January) by 1.1 pts to -6.5 pts. It is now 8.7 pts down from the February, 2024 figure. The decline in ICI was primarily due to an increase in finished goods inventories and a lower (than expected in January) rise in production. Manufacturers reported growing orders, deterioration of their financial situation and a drop in employment. Producers’ expectations for the coming months are mixed. Private firms are more optimistic.
Researchers:
Elżbieta Adamowicz, adel@sgh.waw.pl
Konrad Walczyk, kwalcz1@sgh.waw.pl
.