In March 2022, there was a deterioration in both current and future consumer sentiment moods compared to the previous month. The current consumer confidence indicator, synthetically describing the current trends in individual consumption, was -39.0 which was by 11.3 p.p. lower in relation to last month.

Procurement prices of basic agricultural products increased in February 2022 in comparison with the previous month (by 0.8%) as well as while compared to the corresponding period of the last year (by 24.2%).

In all of presented kinds of activities (apart from accommodation and food service activities section) general business climate indicator in March is at a lower level than in the previous month. In most of researched areas deterioration of “forecast” components is reported, whereas “diagnostic” ones decrease or do not change.

In February 2022 retail sales at constant prices were by 8.1% higher than the year before (against a drop of 3.1% in February 2021). Compared with January 2022 retail sales increased by 1.8%. In the period of January-February 2022 retail sales y/y were by 9.0% higher (against a decrease of 4.9% in 2021).

Acording to preliminary data construction and assembly production (in constant prices) carried out carried out domestically by construction enterprises employing more than 9 persons was in February 2022 by 21.2% higher than a year before (against a decrease of 16.9% the year before) and by 5.8% compared with January 2022 (an increase of 5.5% the year before).

In the first two months of 2022, there were slightly less dwellings completed than the year before. The number of dwellings for which permits have been granted or which have been registered with a construction project as well as dwellings in which construction has begun also decreased.

According to preliminary data, in February 2022 the prices of construction and assembly production in comparison with the corresponding month of the previous year increased by 9.3%, and in comparison with January 2022 - by 1.2%.