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Abstract
Business situation in the trade sector improved in the 1st quarter of 2021. The IRG SGH trade confidence indicator (IRGTRD) quarterly increased by 13.4 pts to 4.6 pts. It is now 3.6 pts up from the respective year 2020 figure, and higher by 0.7 pts than the first-quarters' average over the last ten years (which amounts to 3.9 pts). Though the balances of traders' general and financial situation diminished, the surveyed firms assessed their general economic situation as good. They expect their trading activity to increase over the next two quarters. (original abstract)
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