November - the month of falling leaves and… falling moods
November has never been synonymous with optimism, but this year the situation is extremely difficult, on many dimensions, which translates into a deterioration in the mood of Poles. For several weeks, we have been constantly observing the situation on the Polish-Belarusian border and the ongoing discussion on the treatment of refugees. On the other hand, we have a health risk related to the accelerating fourth wave of the pandemic, where we observe every day as other countries announce a lockdown and we wait: what will the government in Poland do? On the other hand, we are simultaneously troubled by increasing inflation, which each of us can see with the loss of money in our portfolio and increasing interest rates in banks debts.
It seems that the Poles in November lack grounds for economic optimism. Especially that the pre-Christmas period is ahead of us, when the expenses are much higher than in any other month. So let's hope that the bad streak will turn around and with the new year consumer optimism will start to increase, and crises will be averted.