The industry business climate index was -17.2 points compared to -16.5 in the previous month, and the service sector -2.9 points compared to -4.1 points in the previous month.

The consumer sentiment index was -3 points compared to -1.4 points in the previous month, and the retail sales index was -0.2 points compared to 0 points in the previous month.

The economic climate index in the construction sector was -17.5 points in December, compared to -17.8 points in the previous month.

The Employment Expectations Index (EEI) in Poland was last December. 99.1 points compared to 99.6 points in the previous month.

On the other hand, the economic climate index in the Eurozone in December last year was 96.4 points. According to the European Commission (EC), compared to 94 points in the previous month. The market consensus was 93.7 points. Employment expectations index (EEI) in the euro area in December of this year. It amounted to 102.8 points, compared to 102.7 points of the previous month.

OECD: Poland is the leader in terms of GDP growth


As we reported a while agoPoland recorded the strongest GDP growth in the third quarter of this year among OECD countries.

According to provisional estimates, OECD gross domestic product (GDP) grew by 0.5% in the third quarter of 2023, the same pace as in the previous quarter of this year.

GDP growth in the G7 countries amounted to 0.6% in the third quarter, which means an improvement of the situation – 0.4% in the second quarter. This was due to a significant acceleration of the growth of the gross domestic product in the United States (1.2% in the third quarter and 0.5% in the second quarter). The rest of the G7 countries saw zero, near-zero or negative growth in the third quarter: zero growth in Canada, Italy and the UK; It was 0.1 percent in France and negative in Japan and Germany (-0.5% and -0.1% respectively).


Among other OECD countries, Poland and Costa Rica recorded the strongest GDP growth in the third quarter. (1.4% and 1.3% respectively), followed by Hungary and Mexico (0.9% each). In turn, GDP fell the most in Ireland (-1.8%), followed by Finland (-0.9%).


Source: ISNews


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