Terms used in official statistics

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Leading consumer confidence indicator


Definition:

Describes trends in individual consumption expected at following months.



It is an arithmetic average of balances of answers concerning: evaluation of financial situation of a household over next 12 months, evaluation of general economic situation in a country over next 12 months, unemployment expectations over next 12 months and savings over next 12 months.

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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