RIED SGH - Business survey in trade

Survey results - the third quarter of 2024

Business situation in the trade sector slightly deteriorated in the 3rd quarter of 2024. The IRG SGH trade confidence indicator (IRGTRD) quarterly decreased by 0.3 pts to 3.0 pts. It is 6.1 pts greater than the respective year 2023 figure, and it remains over the third quarters’ average within the last ten years (which amounts to -1.4 pts). General and financial situation of traders deteriorated. They also decreased domestic and foreign purchases as well as employment. Firms expect their trading activity to improve within the next two quarters.
 

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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