Skip to content
Advertisement

Economy

Consumer Finance barometer dropped to 50 points in Q2

19:39

The value of the Consumer Finance market barometer fell to 50 points in Q2 from 54.6 points a quarter earlier. The decline on a yearly basis was 8.8 percentage points, Conference of Financial Companies in Poland (KPF) and the Institute of Economic Development of the Warsaw School of Economics (IRG SGH) reported.

The level of 50 points in Consumer Finance market barometer means market stagnation, while higher values represent the expected growth. The current level is at the limit of the critical value, and the trend is declining.

(ISBnews)

More from Economy All