The consumer confidence index (WOK) published by IPSOS fell from 77.0 points in November to 76.0 points in December, which marked its lowest level since April 2009. According to IPSOS, poorer sentiment in December reflected consumers' more pessimistic assessment of the current economic situation, both on the national as well as the household level. December's deterioration in confidence was broad-based, with all components of the index falling over the previous month. Pessimism was highest regarding the economic climate while the perception of the current situation registered the largest drop over the previous month. Consumers' increasingly negative perception of their economic well-being does not bode well for private consumption growth going forward.
Poland Consumer Confidence
Pessimism prevails among consumers in December
December 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).