Consumer tendency - October 2024



In October 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 -15.8[1] which was by 1.9 p.p. lower in relation to last month.
All components of the indicator obtained lowers values than a month ago. The largest decreases by 5.0 percentage points was recorded in evaluation of the current economic situation of the country. For the other components of the indicator, the decreases were as follows: by 1.9 percentage points in the evaluations of the future economic situation of the country, by 1.6 percentage points in the evaluation of the future financial situation of a household, by 0.6 percentage points in the evaluation of the current financial situation of a household and by 0.5 percentage points in the evaluation of the current possibility of making important purchases.
Referring to October 2023, the current value of current consumer confidence indicator is higher by 2.1 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 07-16.10.2024, 1302 interviews were conducted.