Survey results - the third quarter of 2026
The quarterly IRG SGH trade confidence indicator (IRGTRD) decreased by 4.3 pts to 3.0 pts. It is 3.0 pts higher than the respective 2025 figure, and it remains above the third quarter’s average over the last ten years (which amounts to -1.4 pts). General and financial situation of traders significantly improved. At the same time, they increased employment and domestic purchases, while their foreign purchases declined. Firms expect their trading activity to remain relatively stable within the next two quarters.

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