Consumer sentiment indicators in Poland change little m/m in April.

By bne IntelliNews April 25, 2012
Poland's current consumer sentiment indicator was unchanged on the month in April and amounted to -30.3pts, while it declined by 3.5pts in annual terms, according to a survey carried out by national stats office (GUS) and the National Bank of Poland (NBP). At the same time, the forecast consumer sentiment indicator inched by 1.2pps m/m to -34.7pts and was down by 4.9pts on the year. The stagnation of the current indicator resulted mainly from improved assessments of households' current major purchases (up by 1.7pps) and, to a lesser degree, their financial situation (up by 0.4pps).The slight improvement of the forecast indicator was attributed to better expectations concerning the unemployment level (up by 3.5pps) as well as savings outlook (up by 2.5pps). The indicator's range is from -100 to +100 pts. Its positive value signifies a numerical majority of optimistic consumers to pessimistic consumers.

Related Articles

EC refers Poland to court for delay on renewable energy rules.

The European Commission is referring Poland (and Cyprus) to the Court of Justice of the European Union for failing to fully transpose EU's Renewable Energy Directive, according to the ... more

ZEW Economic Sentiment Indicator for Poland surges to 42.9pts in February.

The ZEW-Erste Group Bank Economic Sentiment Indicator for Poland (economic expectations) surged by 22.3pts m/m to 42.9pts in February, according to a report by the Center for European Economic ... more

FinMin: Poland to inject EUR 5.5bn of FX reserves to ECB upon euro-zone entry.

When Poland joins the euro-zone, it will have to transfer EUR 5.47bn of its foreign-currency reserves to the European Central Bank, according to a statement by the ministry of finance. The ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335