0:47 22 May 2024
Economic recovery continues in Q2 ‘24
In Q2 2024, economic activity continues to recover, with further improvement expected in the next quarter, according to the SGH Institute for Economic Development. The recovery, driven by seasonal and cyclical factors, has led to a barometer value of -4.39 points, up 1.96 points from Q1 and 6.44 points from the previous year.
While this value is slightly above the long-term average, it remains below pre-pandemic levels. The construction sector significantly contributed to the quarterly increase, alongside improvements in manufacturing and trade. However, declines in the financial sector and household indicators partially offset these gains. Year-on-year growth was primarily influenced by better conditions in the financial sector and improved consumer sentiment.
Source: obserwatorfinansowy.pl
