Poland: Consumer sentiment improves slightly in February
February 28, 2011
The consumer confidence index (WOK) published by IPSOS increased from 83.6 points in January to 86.7 points in February after three consecutive months of falling sentiment. Nevertheless, the index remains below the 100-point threshold that separates optimism from pessimism. According to IPSOS, consumers' more favourable assessment of the economic situation drove the overall index higher, while the willingness to buy component was broadly unchanged in February. Furthermore, consumers were more optimistic about both current and future expectations.