Nearly 75% of Poles expect economic conditions to worsen: study

The threat posed by the ongoing coronavirus pandemic has given rise to fear in Poles about the country’s economic situation. Almost half of the respondents (45 percent) consider the current state of the economy to be bad, whereas nearly three out of four (73 percent) expect a further deterioration of the economy in the following months, according to a study commissioned by Santander Consumer Bank (Santander CB), the results of which were published on April 16.

Despite a temporary increase in demand for basic necessities related to the accumulation of inventories by households at the beginning of March, experts predict that in the longer perspective consumption will suffer due to restrictions on the operation of restaurants, shopping malls and cinemas, among others.

The study was conducted on a nationwide randomized sample of 520 adult residents of Poland using the computer-aided web interviewing method on March 24-27, 2020.

(ISBnews)