In January, the index of general assessment of the business situation dropped at a record rate, though it maintains a relatively high value. The index showing expectations for the future entered negative territory for the first time – such are the indications of the Entrepreneurs’ Optimism Index, a survey conducted among members of Employers of Poland, inspired by the German IFO index.
The Entrepreneurs’ Optimism Index assumed the value of 107.8 points with regards to the assessment of current business situation, compared to 115.1 points last month. The prognosis for the next six months has also worsened, dropping from 102.2 points to 97.4 points.
The gradual decrease in optimism starts to translate to the assessment of the current business situation. For the first time, the expectation index dropped below 100 points, which means that the majority of respondents expects their business condition to deteriorate in the next six months.
Similarly to previous editions, assessments were most negative among small companies, while big ones fared best. Medium-sized companies are most concerned about their future.