Zachowania konsumpcyjne polskich gospodarstw domowych w okresie II fali kryzysu
Polish Households’ Consumption Behaviour in the Period of the Second Wave of Crisis

Summary/Abstract: The economic crisis that started in the USA in the late 2010s affected all countries on the old continent, including Poland. In fact, the effects of economic slowdown produced by the global recession became visible in the Polish economy in 2009. Crises exert both micro- and macroeconomic impacts. The basic microeconomic consequences of decelerating economy include declining consumption and adaptive behaviour among consumers, while the macroeconomic ones are shrinking GDP, growing unemployment (mainly structural), more enterprises going bankrupt because of forex options, public finance problems, changing pattern of consumption, deteriorating financial situation of households and adjustments in their lifestyles, as well as worsening consumer attitudes. This article deals with the adaptive behaviour of Polish households in the time of crisis. A special attention is paid to the households’ subjective perception of the consequences of economic slow-down and the precautionary measures they take under crisis conditions. The purpose of the article is to identify Polish households’ attitudes during the economic crisis, to explain what key determinants guide consumers in purchasing food and non-food products.

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