In most of presented kinds of activities general business climate indicator in November is at a lower level than in the previous month. In the majority of researched areas deterioration of “forecast” components has been reported, whereas “diagnostic” ones do not change. The most positive1 indicator is noted by two sections – financial and insurance activities as well as information and communication, while the most pessimistic one by entities representing accommodation and food service activities section.

Price index of construction and assembly production in the third quarter of 2021 as compared to the second quarter of 2021 increased by 1.7%.

Average monthly wage and salary in enterprise sector excluding payments from profit in October 2021 was PLN 5916,83 zł.

Average monthly gross wage and salary in enterprise sector in October 2021

In November 2021, 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 -23.3[1] which was by 5.5 p.p. lower in relation to last month.

In October 2021, average paid employment in enterprise sector was higher by 0.5% y/y and amounted to 6351.1 thousand, while average wages and salaries were higher by 8.4% y/y and amounted to 5917.15 PLN (gross).

Average monthly gross wages and salaries (in PLN)

2,279 subjects participated in the study. Financial instruments in assets were shown by 2,164 enterprises for the amount of PLN 603.8 billion and financial instruments in liabilities were shown by 2,011 enterprises for the amount of PLN 578.6 billion. Derivatives in assets and liabilities were shown by 332 and 405 entities, respectively, with a value of PLN 9.1 billion and PLN 12.0 billion.

Foreign trade turnover in January – September 2021 in exports at current prices amounted to PLN 942.9 bn, while in imports - PLN 934.7 bn. The positive balance reached the level of PLN 8.2 bn, while in the same period of 2020 year amounted to PLN 29.9 bn. In comparison to the corresponding period of 2020 exports increased by 24.4%, while imports by 28.4%.