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Abstract
In the 1st quarter of 2017 business situation in the trade sector improved. The IRG SGH trade confidence indicator (IRGTRD) quarterly increased by 13.8 pts to +7.1 pts. It is 2.0 pts down from the respective 2016 figure, but higher than the first quarters' average over the last ten years, which amounts to +4.1 pts. Though the indicator grew, the majority of the balances (general economic situation of traders, their financial situation, inventories, domestic and foreign purchases, and sales) declined. On the whole, trading enterprises assessed their overall standing in the 1st quarter of 2017 as weak, but they expect it to improve over the next 6 months. (original abstract)