In October 2020, 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 -20.0a which was by 5.0 p.p. lower in relation to last month.

In all presented kinds of activities general business climate indicator in October is at a lower level than in the previous month (except for wholesale trade).

In September 2020, average paid employment in enterprise sector was lower by 1.2% y/y and amounted to 6312.4 thousand, while average gross wages and salaries were higher by 5.6% y/y and amounted to 5371.56 PLN.

Assessment of the situation in manufacturing, construction, trade and services (with in-depth presentation of results in accommodation and food service activities) is based upon the subjective opinions about actual and future business situation expressed by the directors of the surveyed companies.

In August 2020 entities having 50 or more persons employed and participating in the monthly survey of production of industrial products, on voluntary basis additionally reported production of 3 264 810 face masks used in medicine and 11 774 077 other protective face masks.

In 1st half of 2020, financial results of cultural institutions were lower than those achieved in comparable period of the previous year. Total revenues decreased by 7.0% and total costs by 10.2%. Investment outlays remained at the same level as in comparable period of the previous year.

In September 2020, there was a slight improvement 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 -15.0a which was by 0.2 p.p. higher in relation to last month.

Short-term analysis of phenomena and processes in the national economy, including monthly, quarterly and annual information, among others, on the labour market, wages and salaries, prices, basic areas of the national economy (agriculture, industry, construction, the domestic market), balance of payments and foreign trade.

In most of presented kinds of activities general business climate indicator in September remains at a similar level or it is better, compared to the previous month. However, only in information and communication as well as financial and insurance activities sections it is positive. In most of research areas improvement of “diagnostic” components as well as “forecast” ones is observed.

In August 2020, average paid employment in enterprise sector was lower by 1.5% y/y and amounted to 6295.0 thousand, while average gross wages and salaries were higher by 4.1% y/y and amounted to 5337.65 PLN.