The consumer confidence index (WOK) published by IPSOS increased from 84.8 points in June to 85.8 points in July, representing a fourth consecutive increase in the index. The monthly 1.0 point rise drove sentiment closer to the 100-point threshold that separates optimism from pessimism. With the July reading, the consumer confidence index returned to levels last seen in February 2011, after sentiment plunged abruptly in March, shaving off 10.5 points from the index. That said, consumer sentiment remains subdued as survey participants continue to view high unemployment, and the negative financial situation of households, as the main factors for depressed confidence. According to IPSOS, three out of four components of the consumer confidence index improved with respect to the previous month. Most notably, the economic climate index registered the largest increase by rising 1.7 points. Improving consumer confidence points to better prospects for household spending.
Poland Consumer Confidence
Consumer sentiment on the rise
July 29, 2011
Looking for forecasts related to Consumer Confidence in Poland? Download a sample report now.
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
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.
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).