GUS: Consumer sentiment drops

In July, the consumer confidence indicator (BWUK) dropped by 0.8 percentage points compared with last month, according to a report by Central Statistical Office (GUS). Now it stands at the level of 4. In June, the indicator was at the highest point in history at 4.8. The forward-looking indicator (WWUK), an element of the same survey, decreased by 0.5 pp y/y and amounted to 1.3, GUS said. Currently, its value is 11.9 pp higher than in July last year.