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

By bne IntelliNews March 26, 2012
Poland's current consumer sentiment indicator fell by 0.5pts m/m to -30.3pts in March of 2012 and declined by 1.3pts 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 0.6pps m/m to -35.9pts and was down by 1.8pts on the year. The slight worsening of the current indicator resulted mainly from worse assessments of households' financial situation (down by 2.3pps) and of current major purchases (by 3.2pps). The slight improvement of the forecast indicator was attributed to better expectations concerning overall economic situation (up by 1.5pps) and unemployment level (up by 1.6pps). The indicator's range is from -100 to +100 pts. Its positive value signifies a numerical majority of optimistic consumers to pessimistic consumers.

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