This is completely normal, when there is a high degree of uncertainty at the markets each person and business out of their own volition will take a wait and see stance, if a person was planning for a big purchase then they are going to delay it as they do not know if they are going to need that money in the future, and with the economy in a bad shape, the pandemic and the war at Ukraine people are worried about their future, so it is natural the whole economy is showing negative signs at the moment.