Koniunktura w przemyśle przetwórczym

Abstract

The signs of recovery, which emerged in the 1st quarter of 2018, unexpectedly waned in the present one. It's unusual as positive seasonal factors typically strengthen at this time of the year. The industrial confidence indicator increased by 0.5 pts to 3.0 pts in April, and 0.1 pts more in May. In comparison with the February figure it is 1.9 pts higher, and keeps on crawling above the long-term average (which is -1.0 pts). However, the indicator is now 0.3 pts down from the respective last year figure, and its cyclical component began graduating into a downturn. Manufacturers are getting pessimistic more and more.(original abstract)