Economy Paid
Weak market data points to start of technical recession in Poland
21:26
On Thursday 21 July, the Central Statistical Office (GUS) published data on retail sales and construction output in June. According to Bank Millennium analysts, this data has a pessimistic tone. In their opinion, a technical recession may already be underway in Poland.
A technical recession is a situation where a country's GDP has been falling for at least two consecutive quarters.
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