Consumers lose confidence - GUS

In May 2015, the consumer confidence indicator (BWUK) declined by 2.7 percentage points compared with April, according to a report by Central Statistical Office (GUS) published on Thursday. Now it stands at the level of -13.6, 3.4 pp above its May 2014 reading. The forward-looking indicator (WWUK), part of the same survey, declined by 3.3 pp and amounted to -17.2, GUS said. Currently, its value is 3.4 pp higher than in May 2014. Expectations regarding the future level of unemployment and the future economic situation of households declined by 4 pp and 3 pp, accordingly.