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Bureau for Investments and Economic Cycles is a private institution specializing in macroeconomic analysis of the Polish economy...


Past issues

In the USA:
Bureau for Investment and Economic Cycles, LLC
Fort Lee, NJ , USA
W Polsce:
BIEC Biuro Inwestycji i Cykli Koniunkturalnych
ul. Nowoursynowska 109 D
02-797 Warszawa
tel. 022 859 7088
fax. 022 859 7089
email: biuro@biec.org
www.biec.org

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How to get the data
In general, the institution or individual who wishes to get the data offered by Bureau for Investment and Economic Cycles should contact us by email. Usually we offer 2 months free of charge access to our data. Our direct customers are privileged to receive the data before it become public.
Future Inflation Index (FII) (FII) informs about the future inflationary tendency in the economy. On average, it leads CPI changes by about 3 to 12 months. The index does not include (similarly to core inflation) short-lived demand and supply shocks but rather concentrates on long-term inflationary trend.

Future Unemployment Rate Index (FURI) (FURI) is a measure of the future labor market performance, especially the rate of unemployment.

Coincident (CI) and Leading (LI) Indexes Coincident Index (CI) is a measure of current level of the economic activity. It shows high relation with the real GDP. GDP data, however, are published every quarter and with a few months delay. The coincident index is available each month and contains the most recent statistical data. With the coincident index we can estimate current economic growth as well as the level of GDP. The coincident index is composed of indicators such as: industrial production, retail sales, wages, and changes in employment in the production industry.
Leading Index (LI) is a measure of future activity in the economy. It shows increases and decreases in the level of economic performance of the entire economy with some months ahead of the GDP as well as other measures of economic activity, i.e. production, retail sales, employment, wages and salaries, and disposable income. On average, the index leads the above mentioned economic indicators by 3 to 12 months depending on the type and phase of the business cycle.


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