Consumer optimism rises in response to positive economic outlook

The Consumer Optimism Index (WOK) rose by four points in June, to reach 76. Respondents to the monthly Rzeczpospolita survey said that although their domestic situation had not changed in comparison to May, they considered that the state of the economy had improved, and hence their future expectations were more positive. Despite such optimism, there is no evidence of a boost in domestic demand. According to Rzeczpospolita, there is little chance of the rise in the WOK continuing over the coming months. Analysts suggest that the optimism expressed in June is probably a positive response to the government's anti-inflation measures, and the seasonal slowdown in unemployment growth. (Rzeczpospolita, p. B2) P.J.