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IRG SGH: In the fourth quarter, there was a decline in Polish agriculture

IRG SGH: In the fourth quarter, there was a decline in Polish agriculture

“In the last quarter of 2021, there was a decline in Polish agriculture, and the value of the agricultural climate index IRG SGH (IRGAGR) decreased compared to the third quarter by 13.6 points, reaching -11.7 points. It is lower than in the previous year. By 6.2 points. During the quarter, the values ​​of both components of the business climate index decreased: the rate of equal cash income, by 7.1 points, to the level of -8.6 points, and the confidence index to 26.5 points, to the level of – 17.8 points The values ​​of both ratios are lower than in the previous year by 1.6 and 15.4 points points in a row. The decline in revenue at this time of the year is a typical phenomenon; the average change in the value of the equal money income ratio in the fourth quarter is -1, 7 points. Thus the deterioration of the economic situation is the result of a very strong collapse in the mood of farmers ” – It was written in the comment to the survey.

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