RIED SGH - Business survey in trade

Survey results - the second quarter of 2024

Business situation in the trade sector slightly improved in the 2nd quarter of 2024. The IRG SGH trade confidence indicator (IRGTRD) quarterly increased by 1.3 pts to 3.3 pts. It is 5.5 pts lower than the respective year 2023 figure, and it remains over the second quarters’ average within the last ten years (which amounts to -0.3 pts). General and financial situation of traders significantly improved. They considerably increased domestic and foreign purchases, and slightly increased employment. Firms expect their trading activity to remain relatively stable within the next two quarters.
 

chart The IRG SGH trade confidence indicator (IRGTRD

Researchers:
Katarzyna Majchrzak, katarzyna.majchrzak@sgh.waw.pl
Łukasz Olejnik, lolejn@sgh.waw.pl

 

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