The consumer confidence index (WOK) published by IPSOS increased from 83.5 points in May to 84.8 points in June, representing the third straight month of declining pessimism among consumers. The monthly 1.3 point jump drove the index closer to the 100-point threshold that separates optimism from pessimism. That said, consumer sentiment remains subdued as elevated levels of unemployment, the negative financial situation of households as well as higher costs of living weigh on consumers' overall negative mood. According to IPSOS, all 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.
Poland Consumer Confidence
Consumer sentiment rises for a third consecutive month in June
June 30, 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
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).