Consumer tendency - July 2024
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In July 2024, there was a deterioration in both current and future consumer sentiment moods compared to the previous month The current consumer confidence indicator, synthetically describing the current trends in individual consumption, was -14.0[a] which was by 2.0 p.p. lower in relation to last month.
Among the components of the indicator, the evaluation of the future financial situation of the household deteriorated the most (decrease by 6.0 percentage points). A lower values were also recorded for the evaluations of the future and current economic situation of the country (decreases by 4.4 percentage points and 3.8 percentage points, respectively). Higher values than a month before was recorded for the evaluations of the current possibility of making important purchases and current financial situation of the household (increases by 2.7 percentage points and 1.7 percentage points, respectively).
Referring to July 2023, the current value of current consumer confidence indicator is higher by 10.9 percentage points.
[a] 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 01-10.07.2024, 1353 interviews were conducted.
