SGH's economic climate index plummets

The economic climate index calculated by the Research Institute for Economic Development of the Warsaw School of Economics (IRG SGH) fell by 4.7 points quarter-to-quarter and amounts to -9.4 points in Q2 2015. "The banking sector had the greatest negative impact on the index," said Elżbieta Adamowicz, the director of the institute. The survey showed that the economic situation in industry and retail is viewed positively. In banking, construction, transportation, households and agriculture the index is below zero. Banking, households and transportation saw the biggest declines.