Poland: Consumer sentiment continues to climb in October
October 28, 2011
The consumer confidence index (WOK) published by IPSOS rose from 86.4 points in September to 88.2 points in October, edging up closer to the 100-point threshold that separates optimism from pessimism. According to IPSOS, higher sentiment in October reflected the respondents' view on the prospects for the Polish economy. The change in the consumer confidence index was not broad-based, as only two out of four components improved with respect to the previous month. Most notably, the economic climate index surged 5.5 points. On the other hand, the willingness to buy index edged down 0.7 points, partially reflecting consumers' preoccupation with rising consumer prices.