Poor June soaps eyes. But trends do not look the worst

2025-07-23 07:15
publication
2025-07-23 07:15
The past month was weaker in the statistics, but it is noise. The second quarter generally looked good, maybe a bit better than the first – writes Wednesday's “Puls Biznesu”. We walk calmly along a path of over 3 % height-says the journal.


As Puls Biznesu writes, a series of recent monthly data from the Polish economy came out badly and caused a wave of comments about poor June.
“However, you have to break through this noise and see trends that do not look the worst. There is a good chance that economic growth was higher in the second quarter than in the first. Even if the slogans of the breakthrough do not work,” he assesses.
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“PB” reminds that on Tuesday CSO gave data on retail sales, which increased by 2.2 percent. year to year, after an increase of 4.4 percent in May. He adds that it was a disappointment, because the average market forecasts were higher and indicated the maintenance of May dynamics.
At the same time, the diary points out that it is worth noting that trade data are extremely variable in recent years and therefore also often there are large surprises, which in turn are great as catastrophic or mountainous headlines in clickbait portals. (PAP)
AK/ LM/




