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TMCNet:  Polish ICT sector's business climate inches down by 1pt m/m to 12pts in July [IntelliNews - Weekly Reports]

[July 27, 2014]

Polish ICT sector's business climate inches down by 1pt m/m to 12pts in July [IntelliNews - Weekly Reports]

(IntelliNews - Weekly Reports Via Acquire Media NewsEdge) Business tendency surveys carried out in July by national stats office GUS show a slight worsening of business climate in the information technology and telecommunications services sector - the sector's indicator was down by 1pt on the month to 12pts (after a 1-point drop a month earlier).


This month, an improvement is noted by 18% of the surveyed enterprises, while worsening - by 6% (vs. 19% and 6%, respectively, in June), GUS reported.

Assessments of current demand and financial standings are slightly positive, similarly as a month ago. Growth of current sales is assessed as higher than in June. Respective forecasts are optimistic, though more cautious than in June.

Price drops are deeper than a month earlier, while IT firms expect them to cushion in the next three months. Also, the sector may again growth of employment similar to that expected in June.

  (c) 2014 Emerging Markets Direct Media Holdings LLC Provided by SyndiGate Media Inc. (Syndigate.info).

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