Poll shows growing economic pessimism with major redundancies predicted
The Central Statistical Office (GUS) has reported that the economic climate
further worsened in December. Company directors from the processing,
construction and retail trade sectors who were polled by GUS said they
considered the economic situation to be worse than in any December since
1993. They complained about poor demand, both domestic and foreign, and
about difficulties in collecting money owing to them. They were also
pessimistic about the future, predicting massive layoffs and further falls
in demand. According to analysts, no significant improvement is likely in
most sectors within the next few months. (Prawo i Gospodarka, pp. 1, 3, 24)
M.K.