Consumer sentiment rises in September

In September 2023, consumer sentiment in Poland showed positive signs with improvements in both current and future expectations. The Current Consumer Confidence Indicator (CCCI) rose by 2.0 percentage points to reach -20.3, indicating improved current consumption trends. Compared to September 2022, CCCI was significantly higher by 23.9 percentage points.

Additionally, the Leading Consumer Confidence Indicator (LCCI), reflecting future consumption expectations, increased by 1.1 percentage points, settling at -9.4. This suggests optimistic outlooks for consumer spending in the coming months, with LCCI standing 23.8 percentage points higher than in September 2022. These improvements in consumer sentiment indicate a positive trend in economic confidence among Polish consumers.

Source: strefainwestorow.pl