Consumer tendency - July 2023

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19.07.2023

In July 2023, there was an improvement in both current and future consumer sentiment moods compared to the previous month. The current consumer confidence indicator, syn-thetically describing the current trends in individual consumption, was -24.9  which was by 3.3 p.p. higher in relation to last month. All components of the indicator obtained values higher than a month ago. The largest increases were recorded in evaluations of the current financial situation of a household, and future financial situation of a household (increases by 6.1 and 3.1 percentage points, respectively). For the other components of the indicator, the increases were as follows: by 2.9 percentage points in the evaluation of the future economic situation of the country by 2.3 percentage points in the evaluation of the current economic situation of the country and by 1.9 percentage points in the evaluation of the current possibility of making im-portant purchases. Referring to July 2022, the current value of current consumer confidence indicator is higher by 16.8 percentage points.

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