Improved consumer sentiment in October - GUS

In October 2023, Poland witnessed an upswing in consumer confidence, as reported by the Central Statistical Office GUS. The current consumer confidence index (BWUK) rose by 2.4 percentage points to -17.9, with notable improvements in assessments of current financial situations and the country's economic conditions. The leading consumer confidence index (WWUK) increased by 1.3 points to -8.1, driven by optimistic expectations regarding the future economic situation and unemployment levels.

Despite a slight dip in the assessment of future household financial situations, both indices surpassed values from October 2022 by 27.6 percentage points. The survey, conducted from October 2 to 11, 2023, indicates positive shifts in consumer sentiment.

Source: obserwatorfinansowy.pl