The consumer confidence index (WOK) published by IPSOS increased from 85.0 points in August to 86.4 points in September. As a result, sentiment edged up closer to the 100-point threshold that separates optimism from pessimism. According to IPSOS, decelerating inflation and upcoming general elections might have pushed the index higher in September. All four components of the consumer confidence index improved with respect to the previous month. Most notably, the expectations index registered the largest increase by rising 2.8 points. Improving consumer confidence bodes well for household spending.
Poland Consumer Confidence
Consumer sentiment resumes its upward trend
September 30, 2011
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Poland Economic News
October 19, 2016
In September, industrial production expanded 3.2% over the same month last year, which was notably below the 7.5% expansion recorded in August.
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.