The consumer confidence index (WOK) published by IPSOS fell from 88.2 points in November to 87.2 in December. The moderate decline follows on steep drops in August and September, which shaved off almost 10 points from the consumer confidence index. With the December drop, the index fell further below the 100-point threshold that separates optimistic from pessimistic sentiment. According to IPSOS, expected cuts in government expenditure and increasing public debt drove eroded consumer confidence at the end of 2010. Simultaneously, the willingness to buy index declined by 4.6 points, which contrasted a more optimistic assessment for the general economy, reflected in the economic climate index, which increased by 4.4 points. Adding to the growing pessimism anticipated in the months to come, the expectations index fell by 1.8 points in December.
Poland Consumer Confidence
Consumer confidence falls in December
December 27, 2010
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Poland Economic News
October 25, 2016
The manufacturing sector business climate index decreased from 3.3 points in September to 1.0 point in October, according to the Central Statistical Office’s Business Tendency Survey (GUS-BTS).
October 25, 2016
In September, retail sales rose 4.8% over the same month last year, which was below August’s over two-year high of a 5.6% increase.
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.