Business tendency - January 2026

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22.01.2026

In January 2026, as in the same month of previous years, general business climate indica-tors for the most presented types of activity point at improvement of the economy.

In majority of studied areas, month-to-month level of diagnostic as well as forecasting components increases.

Entities from financial and insurance activities section assess business tendency most positively1 (plus 25.4), where value of the indicator is at the level of the long-term mean2. The most pessimistic assessments are made by entities operating in construction (minus 5.6) along with manufacturing (minus 4.1), where in both cases value of the indicator is below the long-term mean (minus 3.6 and plus 0.5, respectively).

In the current month, supplementary set of questions regarding the impact of war in Ukraine on business tendency along with those on price developments has been added to the survey.


1By the phrase „positive” (positive value of the indicator) we consider a situation when percentage of entrepreneurs who noted or expect improvement of their entities’ economic situation in the next three months outweighs percentage of entrepreneurs experiencing or expecting its deterioration.

2The long-term mean for the particular types of activity includes the following period: since 2000 – for manufacturing, construction, retail trade; since 2003 – for transportation and storage, accommodation and food service activities, information and communication, financial and insurance activities; since 2011 – for wholesale trade.

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