Consumer tendency - June 2024

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19.06.2024

In June 2024, there was an improvement in the current consumer moods with a simultaneous deterioration in future consumer moods compared to the previous month. The current consumer confidence indicator, synthetically describing the current trends in individual consumption, was -12.0[1] which was by 1.8 p.p. higher in relation to last month.

Among the components of the indicator, the evaluations of the current economic situation of the country and future financial situation of the household improvement the most (increases by 3.6 percentage points and 3.3 percentage points, respectively). A higher values were also recorded for the evaluations of the current possibility of making important purchases and current financial situation of the household (increases by 1.9 percentage points and 1.0 percentage points, respectively). Lower value than a month before was recorded only for the evaluation of the future economic situation of the country (decrease by 1.0 percentage points).

Referring to June 2023, the current value of current consumer confidence indicator is higher by 16.2 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 03-12.06.2024, 1354 interviews were conducted.

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