Domestic Society
22:30 23 October 2019
Post by: WBJ

Current and future consumer sentiment deteriorates in October

Current and future consumer sentiment deteriorates in October
source: Pixabay

Both current and future consumer sentiment are lower in October than a month earlier, the Central Statistical Office (GUS) announced on Wednesday.

The current consumer confidence index (BWUK), describing current individual consumption trends, was 0.9 percentage points lower than last month and was at the level of 9.3. The leading consumer confidence index (WWUK), describing individual consumption trends expected in the coming months, fell by 3.4 percentage points in the October survey, compared to the previous month and was at the level of 3.6. 

GUS reports that both indicators of consumer confidence can take values from -100 to +100. A positive value means the numerical advantage of optimistic consumers over pessimistic consumers, while a negative value means exactly the opposite relation. 

(PAP

gus
sentiment
bwuk
wwuk

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