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[April 20, 2014]
ZEW Economic Sentiment Indicator for Poland rises by 11.3pts to 51.9pts in April [IntelliNews - Weekly Reports]
(IntelliNews - Weekly Reports Via Acquire Media NewsEdge) The ZEW-Erste Group Bank Economic Sentiment Indicator for Poland (economic expectations) increased by 11.3pts m/m to 51.9pts in April (after falling by 18.2pts m/m a month earlier), according to a report by the Center for European Economic Research (ZEW) and Erste.
At the same time, assessments of current economic situation improved by 12.1pts to 40.7pts.
Economists surveyed by ZEW and Erste on Poland expect inflation to accelerate, but at a slower pace than projected a month ago; they expect the equity market to post some more significant gains, with no major changes of short- and long-term interest rates and the strengthening of the zloty.
Overall, the ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe including Turkey (CEE) surged by 24.0pts m/m to 32.1pts in April. Economic expectations for all individual countries have also increased. The largest improvements have been displayed by the indicators for the Czech Republic (up by 19.4pts) and Romania (up by 18.6pts).
The ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe reflects the financial market experts' expectations for the CEE region on a six-month time horizon.
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