Business tendency in manufacturing, construction, trade and services - March 2024

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22.03.2024

In March the assessments of general business climate indicator in most of presented kinds of activities are at a similar or higher level as compared to the ones presented in February. As regards seasonally adjusted data, the indicator in most cases is close to the one that was noted a month ago. Apart from retail trade along with accommodation and food service activities section, in the rest of areas the indicator is below the long-term mean . In majority of studied areas, month-to-month level of "diagnostic" components does not change or deteriorates, whereas "forecasting" ones improve.

Entities from financial and insurance activities section (plus 21.3) assess business tendency most positively[1], however below the long-term mean (plus 25.6). The most pessimistic assessments are made by entities from sections: manufacturing (minus 7.2), transportation and storage (minus 4.7) as well as construction (minus 4.0).

In the current month – answers provided between 1st and 10th of each month – supplementary set of questions on labour market 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.

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