May 22, 2024 08:37 GMT
Consumer Sentiment Deteriorates In May
POLAND
Data from Statistics Poland showed that consumer confidence deteriorated this month, while business confidence indices for most kinds of activities were at a similar or slightly higher level compared to April..
- Consumer confidence fell 2.3pp to -13.8 in May, with all components printing at lower levels than a month before.
- "The largest decreases were recorded in evaluations of the current possibility of making important purchases and current economic situation of the country."
- General business climate indicator stabilised across most components.
- Entities from the financial and insurance sector were most optimistic (+22.4), while entities from the manufacturing sector were most pessimistic (-6.2).
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