In March, 2025, the industrial confidence indicator ICI) increased (in comparison to February) by 0.9 points to -5.6 points. It is now 10 pts down from the March, 2024 figure. The increase in ICI was due to a rise in expected production. The two other components of the indicator, namely the balances of total orders and finished goods inventories contributed negatively. Manufacturers reported growing selling prices and employment, and worsening financial situation. Their opinions about general economic situation in Poland improved. The brightest spot in the results of the March survey is a substantial increase in export orders. The producers’ expectations for the coming months are modestly optimistic.
Researchers:
Elżbieta Adamowicz, adel@sgh.waw.pl
Konrad Walczyk, kwalcz1@sgh.waw.pl