The consumer confidence index (WOK) published by IPSOS rose from 86.4 points in September to 88.2 points in October, edging up closer to the 100-point threshold that separates optimism from pessimism. According to IPSOS, higher sentiment in October reflected the respondents' view on the prospects for the Polish economy. The change in the consumer confidence index was not broad-based, as only two out of four components improved with respect to the previous month. Most notably, the economic climate index surged 5.5 points. On the other hand, the willingness to buy index edged down 0.7 points, partially reflecting consumers' preoccupation with rising consumer prices.
Poland Consumer Confidence
Consumer sentiment continues to climb in October
October 28, 2011
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Poland Economic News
October 12, 2016
According to the Central Statistical Office (GUS), consumer prices recorded flat growth over the previous month in September, which followed the 0.2% decrease recorded in August.
October 5, 2016
As anticipated by market analysts, the National Bank of Poland (NBP) decided to keep the reference rate at the record low of 1.50% at its 4–5 October monetary policy meeting.
October 3, 2016
The Manufacturing Purchasing Managers’ Index (PMI) rose from August’s 51.5 to a six-month high of 52.2 in September, according to IHS Markit.
September 30, 2016
The manufacturing sector business climate index decreased from 4.8 points in August to 3.3 points in September, according to the Central Statistical Office’s Business Tendency Survey (GUS-BTS).
September 30, 2016
According to a preliminary estimate released by the Central Statistical Office (GUS) on 30 September, consumer prices recorded flat growth over the previous month in September, which followed the 0.2% fall recorded in August. In annual terms, consumer prices dropped 0.5% in September, which was a less pronounced decline than the 0.8% fall recorded in August.