Poland: Consumer sentiment resumes its upward trend
September 30, 2011
The consumer confidence index (WOK) published by IPSOS increased from 85.0 points in August to 86.4 points in September. As a result, sentiment edged up closer to the 100-point threshold that separates optimism from pessimism. According to IPSOS, decelerating inflation and upcoming general elections might have pushed the index higher in September. All four components of the consumer confidence index improved with respect to the previous month. Most notably, the expectations index registered the largest increase by rising 2.8 points. Improving consumer confidence bodes well for household spending.