The consumer confidence index (WOK) published by IPSOS edged up from 76.0 points in December to 77.2 points in January, which marked the first increase in the index since October last year. Although January's improvement in confidence was broad-based, with all components of the index increasing over the previous month, they still remain in pessimistic territory. Consumers' opinion on the economic climate as well as their expectations improved slightly. In addition, respondents to the survey believed that this was a slightly more favourable period to purchase durable goods, as implied by the increase in the willingness to buy index. Consumers' negative perception of their economic well-being does not bode well for private consumption growth going forward.
Poland Consumer Confidence
Consumer confidence improves in January
January 31, 2012
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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.