Business tendency - January 2025
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Both seasonally and non-seasonally adjusted general business climate indicators for most of presented kinds of activities are at a higher or similar level as compared to the ones presented in December.
The greatest month-to-month improvement in this regard was noted in accommodation and food service activities section as well as financial and insurance activities section but also in wholesale trade. In relation to the previous month, business tendency assessments have deteriorated only in retail trade (especially those non-seasonally adjusted).
In each of studied areas, month-to-month level of "diagnostic" components increases, yet it is observed in most "forecasting" ones.
Entities from financial and insurance activities section (plus 26.8) assess business tendency most positively[1], above the long-term mean (plus 25.4). The most pessimistic assessments are made by entities from manufacturing section (minus 9.6).
In the current month – answers provided between 1st and 10th of each month – supplementary set of questions regarding the impact of war in Ukraine on business tendency as well as price developments has been added to the survey (results in table 2).
[1] By the phrase „positive” (positive value of the indicator) we consider a situation when percentage of entrepreneurs expecting improvement of their entities’ economic situation in the next three months or observing such an improvement outweighs percentage of entrepreneurs expecting its deterioration.
