The consumer confidence index (WOK) published by IPSOS increased from 79.1 points in April to 83.5 points in May, marking the biggest such increase since January 2010. The result represented a second consecutive improvement in the index following a sharp decline in March. The monthly increase pushed the index closer to the 100-point threshold that separates optimism from pessimism. Nevertheless, consumer sentiment remains subdued as unemployment and rising inflation contribute to consumers' negative mood. According to IPSOS, all components of the consumer confidence index improved over the previous month. Most notably, both the economic climate and the future expectations indices registered the largest increases, rising 7.4 points and 6.2 points respectively. Furthermore, consumers' willingness to buy improved in May, due to a better assessment of households' financial situation.
Poland Consumer Confidence
Consumer sentiment continues to improve in May
June 2, 2011
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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.