In November 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 -29.2a which was by 9.2 p.p. lower in relation to last month.

Foreign trade turnover1 in the January – September this year according to exports at current prices amounted to PLN 746.3 bn, while imports amounted to PLN 712.9 bn. The positive balance reached the level of PLN 33.4 bn, while in the same period of 2019 year amounted to PLN 2.3 bn. In comparison to the corresponding period of the 2019, both exports and imports decreased by 1.8% and 5.9% respectively.

In July and August 2020, 1.5 million tourists were accommodated in tourist accommodation establishments located in coastal areas, and 7.3 million overnight stays were provided for them. Compared to the same period last year, the number of tourists was 14.3% lower, and the number of overnight stays was 18.9% lower.

The price index of consumer goods and services in October 2020 as related to September 2020 amounted to 100.1 (price increase of 0.1%).

Consumer prices in October 2020 compared with the corresponding month of the previous year increased by 3,1% (with an increase of prices of services – by 7,3% and goods – by 1,5%). As related to the previous month consumer prices increased by 0,1% (with an increase of prices of goods – by 0,2% and services – by 0,1%).

According to the flash estimate, gross domestic product (GDP) in volume terms seasonally unadjusted was lower by 1.6% in the 3rd quarter of 2020 year-to-year against 4.4% increase in the corresponding period of 2019.