Koniunktura w gospodarce polskiej

Abstract

Economic situation in Poland in the 4th quarter of 2020 deteriorated. The IRG SGH barometer (BARIRG), an indicator of economic activity, composed of business and consumer survey data on six sectors of the Polish economy, decreased by 5.1 pts in comparison to the 3rd quarter. It is now 15.7 pts down from the respective year 2019 figure. All the components of the barometer are negative and, in majority, lower than in the previous quarter. The recovery which came in summer turned out to be unsustainable. The second wave of the COVID-19 pandemic came to a surprise with its magnitude and increased uncertainty amongst economic agents, which, together with negative seasonal factors that are about to come around, make business and consumer confidence low, and so the economic situation is expected to be.(original abstract)