PMR Online access    |   tel. +48 12 340 51 00    |   E-mail:


Lewiatan Business Index down in August


The annual PKPP Lewiatan Business Index dipped one point to stand at 36 points in August, the Polish Confederation of Private Employers (PKPP) Lewiatan announced. The quarterly index dropped by two points to 33.

According to the Confederation, the August readings are a clear indication that economic activity in Poland will decelerate in the second half of 2012, a process that started already in Q2. GDP figures for April-June showed a slower pace of expansion as domestic demand faltered, and first data for the third quarter provide little cause for optimism. Although both industrial output and retail sales picked up somewhat in July, they remained at relatively low levels and with the real wage bill contracting and exports slowing down, the fundamentals are not there for any significant improvement. Meanwhile, foreign direct investment inflows are also decelerating as the global economic outlook remains uncertain, particularly in Europe, and there are even some signs of capital outflows.

The PKPP Lewiatan Business Index is constructed on the basis of market prognoses prepared by Poland’s leading economists for the current quarter, half year and full year. It is measured on a 100-point scale, where a score of 50 corresponds to an economic growth forecast of around 4% of GDP annually.

Lewiatan Business Index in Poland, August 2011-August 2012

Browse and search in our archive »

subscribe to PMR RSS NEWS channelsSubscribe to PMR RSS NEWS channels »


Useful links         Privacy Policy
Copyright © 2018 PMR. All rights reserved.

PMR is a British-American company providing market information, advice and services to international businesses interested in Central and Eastern Europe as well as other emerging markets. PMR key areas of operation include business publications (through PMR Publications), consultancy (through PMR Consulting) and market research (through PMR Research). With over fourteen years of experience, high international standards in projects and publications, highly skilled multilingual staff and a wide network of co-operating research companies and market experts, PMR is one of the largest companies of its type in the region.