Consumer tendency - March 2024
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In March 2024, there was an improvement 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 -12.3[1] which was by 0.3 p.p. higher in relation to last month.
Among the components of the indicator, the evaluation of the current financial situation of the household improved the most (increase by 1.5 percentage points). A higher values were also recorded for the evaluations of the future economic situation of the country and current possibility of making important purchases (increases by 0.9 percentage points and 0.4 percentage points, respectively). Lower values than a month before was recorded for the evaluations of the current economic situation of the country and future financial situation of the household (decreases by 1.2 percentage points and 0.2 percentage points, respectively).
Referring to March 2023, the current value of current consumer confidence indicator is higher by 23.3 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 04-13.03.2024, 1306 interviews were conducted.
