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.
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