Thursday, July 21, 2016

GUS: in July, improved consumer sentiment – Polish Radio

The Central Statistical Office announced that the current consumer confidence indicator (BWUK), synthetically describing current trends in individual consumption was higher by 0.9 p. Percent. compared to the previous month and amounted to -5.6.

 

Analysts Office noted that the components of the indicator changed in a differentiated manner. Improved assessment of the future and the current economic situation of the country (an increase of 3.9 and 2.1 p. Proc.), And about the current make major purchases (an increase of 0.4 p. Proc.). On the other hand, were lower values ​​for rating the financial situation of the household – both present and future (a decline of 1.4 and 0.3 p. Proc.).

– Compared to July 2015 r. BWUK present value is higher by 5.3 p. percent. – Noted in Wednesday’s Communication Office.

Leading consumer confidence indicator (WWUK), synthetically describing expected in the coming months, the trend in private consumption was lower by 0.9 p. Percent. in relation to May and amounted to -10.6.

 

The Poles are afraid of employment

The decrease in the value of the indicator was mainly due to the deterioration of the ratings on the future level of unemployment (down 8.2 p. Proc.). The slightly lower value was recorded for the assessment of the future financial situation of the household (-0.3 p. Proc.). Improved while predictions about the future economic situation of the country and the possibility of future saving money (an increase of 3.9 and 1.0 p. Proc.).

In July this year. WWUK reached 3.7 p. Percent. higher than in the corresponding month of 2015.

From January 2004. CSO together with NBP every month examines the economic situation consumer.

The most important indicators calculated on the basis of these studies, are – the current consumer confidence indicator – showing current trends in individual consumption as well as leading consumer confidence indicator – showing expected in the coming months, the changes in trends in individual consumption.

Both indicators of consumer confidence may have values ​​from -100 to +100. A positive value indicates outnumbered consumer-oriented optimistic about the consumer minded pessimistic, negative value means outnumbered consumers pessimistic over optimistic minded consumers.


 

PAP, abo

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