Business situation in the trade sector deteriorated in the 2nd quarter of 2025
The IRG SGH trade confidence indicator (IRGTRD) quarterly decreased by 2.4 pts to 1.9 pts. It is 1.4 pts less than the respective year 2024 figure, but it remains above the second quarters’ average within the last ten years (which amounts to -0.3 pts). The general situation of traders and their financial situation improved. They increased employment and domestic purchases but decreased foreign purchases. Firms expect their trading activity to improve within the next two quarters.

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