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Lockdown in Poland
➢Lockdown-type control measures started on 10th-12th March, closing schools and university classes and cancelling mass events (above 1000 people).
➢The lockdown measures were strengthened on 25th March, limiting non-family gatherings to two people and religious gatherings to six and forbidding non-essential travel.
➢The lockdown restrictions were tightened starting on 31st March–1st April by a government regulation, requiring individuals walking in streets to be separated by two metres, closing parks, boulevards, beaches, hairdressers and beauty salons, and forbidding unaccompanied minors from exiting their homes.
➢A follow-up regulation on 10 April loosened the restrictions on public gatherings starting from 20 April, allowing religious gatherings and funerals to be held for up to a maximum of 50 people.
➢The pandemic and the isolation measures in response to it had a serious influence on the Polish economy, especially commerce, tourism and the hospitality industries.
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Business Tendency Survey (BTS)
➢The following slideshow presents the result of the periodical research prepared by the Polish Statistical Office (PSO) in the middle of July 2020
➢PSO arranged every month the Business Tendency Survey (BTS), showing the present situation and business perspectives in the near terms
➢ In Poland, business tendency survey questionnaires contain questions related to the basic features of the economic situation in all business sectors in terms of general economic situation of the company, order-books, production, stocks, financial situation, employment, prices, production capacity, capacity utilization, duration of assured production, limits to activity, competitive position etc.
➢Based on gathered replies indicators are calculated.
➢ In the current month (answers provided between 1st and 10th July) supplementary set of questions has continued to be added. This set aims to additionally diagnose the impact of coronavirus SARS-CoV-2 pandemic on business tendency. It contains questions on how big this impact on economic situation is, what are the changes in orders placed with suppliers or orders placed by clients, what is the access to employees, investment plans etc.
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General findings
➢ In July general business climate indicator is less negative than in June in most of presented kinds of activities.
➢ In information and communication sector it is even slightly positive, whereas the most pessimistic assessments are reported by companies operating in the field of accommodation and food service activities.
➢ Improvement is observed both in assessments (“diagnosis”) and expectations (“forecast”).
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4General business climate indicator by kind of activity (NACE Rev. 2 sections and divisions /July 2020)
MANUFACTURING
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General business climate indicator in manufacturing section
Factors limiting business activity in manufacturing section
CONSTRUCTION
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6General business climate indicator in construction section
Factors limiting business activity in construction section
WHOLESALE TRADE
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7General business climate indicator in wholesale trade section
Factors limiting business activity in wholesale trade section
RETAIL TRADE
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8General business climate indicator in retail trade section
Factors limiting business activity in retail trade section
TRANSPORTATION & STORAGE
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9General business climate indicator in transporation & storage section
Factors limiting business activity in transporation & storage section
ACCOMODATION & FOOD SERVICE
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10General business climate indicator in accommodation section
Factors limiting business activity in accommodation section
INFORMATION & COMMUNICATION
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General business climate indicator in information & communication section
Factors limiting business activity in information & communication section
FINANCIAL & INSURANCE SERVICE
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12General business climate indicator in financial & insurance service section
Factors limiting business activity in financial & insurance service section
Impact of coronavirus SARS-CoV-2 pandemic on business tendency – July 2020 surveys
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Survey was conducted between 1 and 10 July 2020 on a sample of entities operating in manufacturing, construction, trade as well as services.As opposed to regular part of surveys, answers to additional set of questions were provided voluntarily. In questions 1, 2, 6 & 7 structure ofanswers is presented (percent of respondents’ answers to a given variant). In other questions it is average of values given. Data wereaggregated according to methodology of aggregation (weighing) which is used by default in regular survey.
Impact of coronavirus SARS-CoV-2 pandemic on business tendency – July 2020 surveys
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Survey was conducted between 1 and 10 July 2020 on a sample of entities operating in manufacturing, construction, trade as well as services.As opposed to regular part of surveys, answers to additional set of questions were provided voluntarily. In questions 1, 2, 6 & 7 structure ofanswers is presented (percent of respondents’ answers to a given variant). In other questions it is average of values given. Data wereaggregated according to methodology of aggregation (weighing) which is used by default in regular survey.
Impact of coronavirus SARS-CoV-2 pandemic on business tendency – July 2020 surveys
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Survey was conducted between 1 and 10 July 2020 on a sample of entities operating in manufacturing, construction, trade as well as services.As opposed to regular part of surveys, answers to additional set of questions were provided voluntarily. In questions 1, 2, 6 & 7 structure ofanswers is presented (percent of respondents’ answers to a given variant). In other questions it is average of values given. Data wereaggregated according to methodology of aggregation (weighing) which is used by default in regular survey.
about Business Tendency Survey (BTS) Methodological notes
Business tendency survey (BTS) in manufacturing was introduced in Statistics Poland as the first of all BTSs in June 1992. Next there were BTS inconstruction (July 1993) and in retail trade (October 1993). In 1999 questions on investment were extracted from questionnaires in industry andconstruction to create separate survey in investment harmonized with European Commission requirements. In January 2003 the new BTS in services wasstarted. Since 2011 the same questionnaire as BTS in retail trade is sent also to units carrying out wholesale trade activity. Moreover in 2011 a newsampling scheme was introduced to enable presentation of data at voivodship level.
BTSs samples vary depending on scope of survey – sample in manufacturing (section C) covers 3500 entities, in construction (section F) – 3999, in trade(section G) – 7797, in services (sections H–S) – 5000 entities. In manufacturing the basic observation units are entities with 10 and more persons employed,in other kinds of activity there are also included firms with up to 9 persons employed.
Size classes are determined according to the number of persons employed:
➢ Up to 9 persons employed (micro),
➢ 10-49 persons employed (small),
➢ 50-249 persons employed (medium),
➢ 250 and more persons employed (large).
More information is available here:
https://stat.gov.pl/en/topics/business-tendency/business-tendency/business-tendency-in-manufacturing-construction-trade-and-services-april-2020-with-annex-impact-of-coronavirus-sars-cov-2-pandemic-on-business-tendency-assessment-and-expectations,2,4.html
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Thank you!
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icBusiness tendency in Poland during coronavirus pandemic
• July 2020
