Terms used in official statistics

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Current consumer confidence indicator


Definition:

Describes current trends in individual consumption.



It is calculated as an arithmetic average of balances of answers concerning: evaluation of financial situation of a household over last 12 months, evaluation of financial situation of a household over next 12 months, evaluation of general economic situation in a country over last 12 months, evaluation of general economic situation in a country over next 12 months and currently made major purchases.

Consumer confidence indicator receive values between -100 and +100. A positive value means dominance of consumers with optimistic attitude over consumers with pessimistic attitude, while negative value means dominance of consumers with pessimistic attitude over consumers with optimistic attitude.


Contact person on methodology:
Rafał Kupis
e-mail:
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