Pessimistic consumers
All five indexes prepared by the public opinion research company Ipsos fell in May. The Consumer Confidence Index (WOK) slid by almost three points to 89.01 (out of a possible 200). The most dramatic fall was in the economic climate index, which in May was almost five points less than in April. The smallest fall was in the 'willingness to buy' index, which recorded 94.43 points, just over one point less than previously.
According to an Ipsos statement: "Worries about the unemployment level rising further could be an obstacle to improvement in consumer goods." As the company reports, the vast majority of consumers don't see any prospects for an improvement in the labor market. Only one in 10 believe unemployment will fall in the months ahead. The majority is convinced that the unemployment rate will rise in the near future or remain at the same level.
According to an Ipsos statement: "Worries about the unemployment level rising further could be an obstacle to improvement in consumer goods." As the company reports, the vast majority of consumers don't see any prospects for an improvement in the labor market. Only one in 10 believe unemployment will fall in the months ahead. The majority is convinced that the unemployment rate will rise in the near future or remain at the same level.
