Consumer tendency - February 2024

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21.02.2024

In February 2024, current consumer moods remained unchanged with a simultaneous deteriorated in future consumer moods compared to the previous month. The current consumer confidence indicator, synthetically describing the current trends in individual consumption, was -12.6[1] and did not change in relation to last month.

Among the components of the indicator, the evaluation of the current possibility of making important purchases improved the most (increase by 2.9 percentage points). A higher values were also recorded for the evaluations of the current economic situation of the country and current financial situation of the household (increases by 1.3 percentage points and 0.6 percentage points, respectively). Lower values than a month before was recorded for the evaluations of the future economic situation of the country and future financial situation of the household (decreases by 2.7 percentage points and 2.0 percentage points, respectively).

Referring to February 2023, the current value of current consumer confidence indicator is higher by 23.4 percentage points.

[1] Both consumer confidence indicators 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. In the period of 05-14.02.2024, 1301 interviews were conducted.

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